CAE (CAE) Stock Forecast & Price Target

C$24.44

+0.04 (+0.16%)

(As of 07/26/2024 ET)

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

CAE - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 9 Analyst Ratings

Based on 9 Wall Street analysts who have issued ratings for CAE in the last 12 months, the stock has a consensus rating of "Hold." Out of the 9 analysts, 1 has given a sell rating, 4 have given a hold rating, and 4 have given a buy rating for CAE.

Consensus Price Target

C$31.10
27.25% Upside

High Forecast	C$39.00
Average Forecast	C$31.10
Low Forecast	C$26.00

According to the 9 analysts' twelve-month price targets for CAE, the average price target is C$31.10. The highest price target for CAE is C$39.00, while the lowest price target for CAE is C$26.00. The average price target represents a forecasted upside of 27.25% from the current price of C$24.44.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Hold	Hold	Moderate Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	5 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)
Hold	4 Hold rating(s)	3 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$31.10	C$31.40	C$32.80	C$36.38
Forecasted Upside	27.25% Upside	21.68% Upside	22.42% Upside	18.74% Upside

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CAE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CAE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

CAE Stock vs. The Competition

Type	CAE	Industrials Companies
Consensus Rating Score	2.33	2.61
Consensus Rating	Hold	Moderate Buy
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/18/2024	BMO Capital Markets 3 of 5 stars		Lower Target		C$34.00 ➝ C$33.00	+28.60%
7/17/2024	Desjardins 1 of 5 stars		Lower Target	Hold	C$29.00 ➝ C$28.00	+7.12%
7/2/2024	Royal Bank of Canada 4 of 5 stars	J. Mcgarragle Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Moderate Buy ➝ Sector Perform	C$31.00 ➝ C$30.00	+17.23%
5/29/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$29.00 ➝ C$30.00	+18.53%
5/23/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$32.00 ➝ C$31.00	+19.46%
5/22/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Lee Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	C$34.00 ➝ C$30.00	+18.67%
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2/15/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Gupta Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sector Perform	C$31.00 ➝ C$30.00	+15.12%
2/15/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	C$36.00 ➝ C$34.00	+30.47%
12/20/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$35.00 ➝ C$39.00	+37.13%
11/29/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform	C$37.00 ➝ C$26.00	-1.44%
4/11/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$35.00 ➝ C$37.00	+14.37%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:22 AM ET.

CAE Forecast - Frequently Asked Questions

What is CAE's forecast for 2024?: According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for CAE is C$31.10, with a high forecast of C$39.00 and a low forecast of C$26.00.
Should I buy or sell CAE stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CAE in the last year. There is currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CAE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAE, but not buy additional shares or sell existing shares.
Does CAE's stock price have much upside?: According to analysts, CAE's stock has a predicted upside of 19.88% based on their 12-month stock forecasts.
Has CAE been downgraded by Wall Street analysts recently?: Over the previous 90 days, CAE's stock had 2 downgrades by analysts.
What analysts cover CAE?: CAE has been rated by research analysts at BMO Capital Markets, Canaccord Genuity Group, CIBC, Desjardins, National Bankshares, and Royal Bank of Canada in the past 90 days.
Do Wall Street analysts like CAE more than its competitors?: Analysts like CAE less than other "industrials" companies. The consensus rating for CAE is Hold while the average consensus rating for "industrials" companies is Moderate Buy. Learn more on how CAE compares to other companies.