CAE Inc. (TSE:CAE) Receives Average Recommendation of “Moderate Buy” from Analysts

CAE Inc. (TSE:CAE) (NYSE:CAE) has received a consensus recommendation of “Moderate Buy” from the twelve research firms that are presently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is C$44.75.

CAE has been the topic of several research reports. Scotiabank boosted their price objective on shares of CAE from C$46.50 to C$49.00 in a research report on Thursday, November 13th. Royal Bank Of Canada set a C$40.00 price target on CAE and gave the company a “sector perform” rating in a report on Tuesday, November 25th. TD Securities upped their price objective on CAE from C$44.00 to C$46.00 in a research report on Thursday, November 13th. Finally, Desjardins lifted their target price on CAE from C$46.00 to C$51.00 and gave the company a “buy” rating in a research report on Friday, December 12th.

CAE Trading Up 1.5%

Shares of TSE CAE opened at C$44.55 on Friday. The company’s fifty day moving average is C$39.32 and its 200-day moving average is C$38.99. The stock has a market cap of C$14.32 billion, a price-to-earnings ratio of 32.76, a P/E/G ratio of 1.76 and a beta of 0.93. CAE has a twelve month low of C$28.98 and a twelve month high of C$44.64. The company has a quick ratio of 0.71, a current ratio of 0.84 and a debt-to-equity ratio of 74.04.

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

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. CAE has many different training locations where clients can be trained and educated through a series of programs. Additionally, part of the revenues come from supplying aviation personnel on a lease, along with providing aviation support organizations.