CAE (TSE:CAE) PT Lowered to C$32.00

CAE (TSE:CAE - Get Free Report) NYSE: CAE had its price target dropped by investment analysts at National Bankshares from C$34.00 to C$32.00 in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bankshares' target price would suggest a potential upside of 22.46% from the stock's previous close.

Other equities research analysts have also recently issued reports about the stock. TD Securities dropped their target price on shares of CAE from C$36.00 to C$34.00 and set a "buy" rating for the company in a research report on Thursday, February 15th. Morgan Stanley boosted their price objective on shares of CAE from C$35.00 to C$39.00 in a research note on Wednesday, December 20th. Scotiabank dropped their price objective on shares of CAE from C$31.00 to C$30.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 15th. Canaccord Genuity Group dropped their price objective on shares of CAE from C$36.00 to C$34.00 and set a "buy" rating on the stock in a research note on Thursday, February 15th. Finally, CIBC dropped their price objective on shares of CAE from C$37.00 to C$32.00 and set an "outperform" rating on the stock in a research note on Thursday, February 15th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$32.80.

CAE Trading Down 0.9 %

Shares of TSE:CAE traded down C$0.24 on Tuesday, hitting C$26.13. The company had a trading volume of 579,913 shares, compared to its average volume of 575,551. The firm's 50-day simple moving average is C$26.74 and its two-hundred day simple moving average is C$27.96. CAE has a 1 year low of C$24.75 and a 1 year high of C$33.87. The company has a quick ratio of 0.71, a current ratio of 0.90 and a debt-to-equity ratio of 67.89. The firm has a market capitalization of C$8.32 billion, a price-to-earnings ratio of 30.38, a P/E/G ratio of 1.76 and a beta of 1.91.

CAE (TSE:CAE - Get Free Report) NYSE: CAE last posted its earnings results on Wednesday, February 14th. The company reported C$0.24 EPS for the quarter, hitting the consensus estimate of C$0.24. CAE had a net margin of 6.13% and a return on equity of 6.24%. The firm had revenue of C$1.09 billion during the quarter, compared to analysts' expectations of C$1.09 billion. Equities analysts anticipate that CAE will post 1.2964371 earnings per share for the current fiscal year.

About CAE

CAE Inc, together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, Oceania and Africa, and Rest of Americas. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare.