CAE Inc. (TSE:CAE – Get Free Report) (NYSE:CAE) has been given an average recommendation of “Moderate Buy” by the twelve analysts that are presently covering the firm, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$39.23.
A number of research firms have recently commented on CAE. National Bank Financial upgraded shares of CAE from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 6th. Royal Bank Of Canada downgraded shares of CAE from an “outperform” rating to a “sector perform” rating and dropped their price objective for the stock from C$41.00 to C$38.00 in a report on Wednesday, May 21st. Canaccord Genuity Group reduced their target price on CAE from C$40.00 to C$38.50 and set a “hold” rating on the stock in a research note on Thursday, May 22nd. Scotiabank upgraded CAE from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$40.00 to C$42.00 in a research report on Thursday, May 22nd. Finally, Bank of America raised CAE from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from C$25.00 to C$45.00 in a research note on Friday, March 7th.
Check Out Our Latest Research Report on CAE
CAE Stock Down 0.2%
CAE Company Profile
CAE Inc is a global company focused on delivering training for the civil aviation, defense, security, and healthcare markets. Multiple types of simulators and synthetic exercises may be sold to customers to serve as alternatives for live-training experiences. The company’s training solutions are provided through products and services.
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