CAE Inc. (TSE:CAE) Stock Has Consensus Target Price of C$46.93

CAE Inc. (TSE:CAE) (NYSE:CAE) has been assigned an average rating of “Moderate Buy” from the thirteen research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation and twelve have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$46.93.

Several equities research analysts have issued reports on the stock. TD boosted their price objective on shares of CAE from C$43.00 to C$45.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Scotia raised their price objective on CAE from C$48.00 to C$49.00 and gave the company a “sector outperform” rating in a research report on Tuesday, October 27th. Barclays set a C$54.00 target price on CAE and gave the company an “overweight” rating in a research note on Friday, October 9th. Scotiabank lowered their price target on shares of CAE from C$50.00 to C$48.00 and set a “sector outperform” rating for the company in a report on Thursday, October 15th. Finally, Royal Bank Of Canada raised shares of CAE from a “hold” rating to a “moderate buy” rating in a research note on Monday, August 17th.

CAE Price Performance

CAE stock opened at C$36.89 on Thursday. The stock has a market capitalization of C$11.87 billion, a P/E ratio of 41.45, a P/E/G ratio of 1.76 and a beta of 0.57. CAE has a 12-month low of C$31.42 and a 12-month high of C$47.65. The company has a debt-to-equity ratio of 59.43, a current ratio of 0.83 and a quick ratio of 0.71. The firm’s 50-day moving average is C$34.21 and its two-hundred day moving average is C$36.87.

CAE (TSE:CAE) (NYSE:CAE) last released its earnings results on Wednesday, August 12th. The company reported C$0.26 EPS for the quarter. The firm had revenue of C$1.17 billion during the quarter. CAE had a net margin of 5.75% and a return on equity of 5.47%.

CAE Company Profile

At CAE, we exist to make the world safer. We deliver cutting-edge training, simulation, and critical operations solutions to prepare aviation professionals and defense forces for the moments that matter. Every day, we empower pilots, cabin crew, maintenance technicians, airlines, business aviation operators, and defense and security personnel to perform at their best and when the stakes are the highest. Around the globe, we’re everywhere customers need us to be with sites and training locations in over 40 countries.