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

CAE Inc. (TSE:CAE) (NYSE:CAE) has earned an average rating of “Moderate Buy” from the ten ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is C$51.00.

A number of equities analysts have recently commented on CAE shares. Scotiabank lifted their price target on shares of CAE from C$49.00 to C$57.00 and gave the stock an “outperform” rating in a report on Wednesday, January 21st. TD Securities cut their price target on shares of CAE from C$54.00 to C$53.00 and set a “buy” rating on the stock in a report on Tuesday, March 24th. Canadian Imperial Bank of Commerce lifted their price target on shares of CAE from C$47.00 to C$56.00 in a report on Wednesday, January 21st. National Bank Financial lifted their price target on shares of CAE from C$52.00 to C$53.00 and gave the stock an “outperform” rating in a report on Friday, April 17th. Finally, Desjardins cut their price target on shares of CAE from C$52.00 to C$50.00 and set a “buy” rating on the stock in a report on Monday, May 4th.

CAE Price Performance

Shares of TSE:CAE opened at C$35.73 on Thursday. The firm has a market cap of C$11.50 billion, a PE ratio of 30.28, a price-to-earnings-growth ratio of 1.76 and a beta of 0.71. The firm’s fifty day moving average is C$37.25 and its 200-day moving average is C$39.72. The company has a debt-to-equity ratio of 62.81, a quick ratio of 0.71 and a current ratio of 0.91. CAE has a 52 week low of C$33.59 and a 52 week high of C$47.65.

CAE (TSE:CAE) (NYSE:CAE) last issued its quarterly earnings results on Thursday, February 12th. The company reported C$0.34 EPS for the quarter. CAE had a net margin of 7.73% and a return on equity of 7.50%.

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.