CAE Inc. (NYSE:CAE)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $13.35 and last traded at $13.35, with a volume of 60,083 shares changing hands. The stock had previously closed at $13.09.

A number of equities analysts have recently issued reports on CAE shares. TheStreet raised CAE from a “hold” rating to a “buy” rating in a report on Wednesday, June 8th. Zacks Investment Research raised CAE from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a report on Tuesday, April 12th. Royal Bank Of Canada reissued an “outperform” rating and issued a $17.00 target price on shares of CAE in a report on Tuesday, May 17th. Macquarie raised CAE from a “neutral” rating to an “outperform” rating in a report on Friday, May 27th. Finally, TD Securities reissued a “buy” rating and issued a $19.00 target price (up from $17.00) on shares of CAE in a report on Friday, May 20th. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $16.67.

The stock has a market cap of $3.59 billion and a PE ratio of 20.63. The company’s 50-day moving average price is $12.62 and its 200 day moving average price is $11.68.

CAE (NYSE:CAE) last issued its quarterly earnings data on Thursday, May 19th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. During the same quarter in the prior year, the firm earned $0.24 EPS. The firm had revenue of $722.50 million for the quarter, compared to the consensus estimate of $676.55 million. The company’s revenue was up 14.4% on a year-over-year basis. Equities research analysts predict that CAE Inc. will post $0.71 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in CAE stock. Bank of Montreal Can boosted its position in CAE Inc. (NYSE:CAE) by 62.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,943,354 shares of the company’s stock after buying an additional 749,978 shares during the period. Bank of Montreal Can owned about 0.72% of CAE worth $21,552,000 as of its most recent SEC filing.

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