Cae Inc (CAE) Scheduled to Post Earnings on Friday
Cae Inc (TSE:CAE) (NYSE:CAE) is set to post its quarterly earnings results before the market opens on Friday, November 10th. Analysts expect Cae to post earnings of C$0.24 per share for the quarter.
In other Cae news, insider Nick Leontidis purchased 4,000 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The shares were acquired at an average price of C$21.83 per share, for a total transaction of C$87,320.00.
CAE has been the topic of a number of research analyst reports. BMO Capital Markets upgraded Cae from a “market perform” rating to an “outperform” rating and set a C$23.00 price target on the stock in a research note on Wednesday, August 30th. Raymond James Financial, Inc. dropped their price target on Cae from C$23.00 to C$22.00 and set a “market perform” rating on the stock in a research note on Friday, August 11th. CIBC increased their price target on Cae from C$23.00 to C$24.00 in a research note on Thursday. Finally, TD Securities increased their price target on Cae from C$22.00 to C$23.00 and gave the company a “hold” rating in a research note on Friday, August 11th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of C$23.38.
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Cae Company Profile
CAE Inc provides training for the civil aviation, defense and security, and healthcare markets. The Company designs and integrates training solutions. It operates through three segments: Civil Aviation Training Solutions, Defense and Security, and Healthcare. The Company provides training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a range of flight simulation training devices, as well as ab initio pilot training and crew sourcing services.
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