CAE Inc. (TSE:CAE) Stock Has Average Target Price of C$47.23

Key Points

• CAE has a “Moderate Buy” consensus rating from 11 analysts, with 10 buy recommendations and one sell rating. The average 12-month price target is C$47.23, above the reported share price of C$34.23.
• Analyst views have been mixed: Desjardins and TD raised their targets, while Bank of America and Morgan Stanley reduced theirs; Morgan Stanley also downgraded the stock to “underweight.”
• In its latest quarter, CAE reported C$0.26 in EPS and C$1.17 billion in revenue, with a 5.75% net margin and 5.47% return on equity.

Shares of CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE have earned an average rating of "Moderate Buy" from the eleven brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation and ten have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is C$47.23.

A number of equities analysts have recently commented on the stock. Desjardins raised their price objective on shares of CAE from C$48.00 to C$49.00 and gave the company a "buy" rating in a research report on Friday, August 14th. TD increased their target price on shares of CAE from C$43.00 to C$45.00 and gave the stock a "buy" rating in a research note on Friday, August 14th. Bank of America lowered their target price on shares of CAE from C$45.00 to C$38.00 in a research note on Thursday, August 27th. Royal Bank Of Canada raised CAE from a "hold" rating to a "moderate buy" rating in a research note on Monday, August 17th. Finally, Morgan Stanley cut CAE from an "equal weight" rating to an "underweight" rating and reduced their target price for the stock from C$43.00 to C$37.00 in a research report on Wednesday, July 15th.

CAE Price Performance

Shares of TSE:CAE opened at C$34.23 on Friday. The company has a quick ratio of 0.71, a current ratio of 0.83 and a debt-to-equity ratio of 59.43. The firm has a market capitalization of C$11.02 billion, a PE ratio of 38.46, a P/E/G ratio of 1.76 and a beta of 0.60. CAE has a twelve month low of C$31.42 and a twelve month high of C$47.65. The company has a 50-day moving average price of C$35.04 and a two-hundred day moving average price of C$35.59.

CAE (TSE:CAE - Get Free Report) NYSE: CAE last released its quarterly earnings data on Wednesday, August 12th. The company reported C$0.26 EPS for the quarter. The company had revenue of C$1.17 billion during the quarter. CAE had a net margin of 5.75% and a return on equity of 5.47%.

CAE Company Profile

At CAE, we exist to make the world safer. We deliver cutting-edge training, simulation, and critical operations solutions to prepare aviation professionals and defense forces for the moments that matter. Every day, we empower pilots, cabin crew, maintenance technicians, airlines, business aviation operators, and defense and security personnel to perform at their best and when the stakes are the highest. Around the globe, we're everywhere customers need us to be with sites and training locations in over 40 countries.

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