CAE Inc. (TSE:CAE) Receives C$32.31 Consensus PT from Analysts

CAE Inc. (TSE:CAE) (NYSE:CAE) has earned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$34.94.

A number of brokerages have recently weighed in on CAE. Royal Bank of Canada increased their price objective on CAE from C$27.00 to C$34.00 in a report on Thursday, November 14th. Scotiabank raised their price target on shares of CAE from C$30.00 to C$32.50 in a research report on Thursday, November 14th. Cibc World Mkts downgraded shares of CAE from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. BMO Capital Markets raised their target price on shares of CAE from C$33.00 to C$38.00 and gave the stock an “outperform” rating in a report on Monday, December 23rd. Finally, CIBC upped their price target on shares of CAE from C$33.00 to C$37.00 and gave the company a “neutral” rating in a report on Monday, December 23rd.

CAE Price Performance

TSE CAE opened at C$36.52 on Monday. The firm has a market cap of C$11.64 billion, a P/E ratio of -34.13, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91. The company has a debt-to-equity ratio of 74.24, a quick ratio of 0.71 and a current ratio of 0.89. The firm has a fifty day moving average price of C$30.50. CAE has a 1 year low of C$22.28 and a 1 year high of C$36.53.

CAE Company Profile

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.