Shares of CAE Inc. (TSE:CAE – Get Free Report) (NYSE:CAE) have been given a consensus rating of “Moderate Buy” by the eight brokerages that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is C$32.80.
A number of brokerages recently issued reports on CAE. TD Securities dropped their target price on CAE from C$36.00 to C$34.00 and set a “buy” rating on the stock in a research report on Thursday, February 15th. National Bankshares dropped their target price on CAE from C$34.00 to C$32.00 and set an “outperform” rating on the stock in a research report on Tuesday. Canaccord Genuity Group decreased their price target on CAE from C$36.00 to C$34.00 and set a “buy” rating for the company in a research note on Thursday, February 15th. Desjardins decreased their price target on CAE from C$35.00 to C$30.00 and set a “buy” rating for the company in a research note on Thursday, February 15th. Finally, CIBC decreased their price target on CAE from C$37.00 to C$32.00 and set an “outperform” rating for the company in a research note on Thursday, February 15th.
Get Our Latest Stock Analysis on CAE
CAE Stock Up 0.1 %
CAE (TSE:CAE – Get Free Report) (NYSE:CAE) last announced its earnings results on Wednesday, February 14th. The company reported C$0.24 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C$0.24. CAE had a return on equity of 6.24% and a net margin of 6.13%. The business had revenue of C$1.09 billion for the quarter, compared to analyst estimates of C$1.09 billion. On average, analysts predict 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.
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