CAE Inc. (TSE:CAE) Receives C$43.65 Average Price Target from Analysts

Shares of CAE Inc. (TSE:CAE) (NYSE:CAE) have been assigned a consensus recommendation of “Moderate Buy” from the twelve analysts that are covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is C$43.65.

CAE has been the topic of several research analyst reports. Royal Bank Of Canada set a C$40.00 price target on shares of CAE and gave the stock a “sector perform” rating in a research report on Tuesday, November 25th. TD Securities boosted their price objective on CAE from C$44.00 to C$46.00 in a research report on Thursday, November 13th. Finally, Scotiabank lifted their price target on shares of CAE from C$46.50 to C$49.00 in a research note on Thursday, November 13th.

CAE Stock Up 0.9%

CAE stock opened at C$38.93 on Monday. The company has a debt-to-equity ratio of 74.04, a current ratio of 0.84 and a quick ratio of 0.71. CAE has a fifty-two week low of C$28.98 and a fifty-two week high of C$41.38. The firm has a fifty day moving average price of C$38.37 and a two-hundred day moving average price of C$38.20. The firm has a market cap of C$12.52 billion, a price-to-earnings ratio of 28.63, a P/E/G ratio of 1.76 and a beta of 1.02.

CAE (TSE:CAE) (NYSE:CAE) last issued its quarterly earnings results on Tuesday, November 11th. The company reported C$0.23 earnings per share (EPS) for the quarter. The company had revenue of C$1.24 billion for the quarter. CAE had a negative return on equity of 7.81% and a negative net margin of 7.75%.

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.