Cae Inc (CAE) Given Average Rating of “Buy” by Analysts

Cae Inc (TSE:CAE) (NYSE:CAE) has been assigned a consensus recommendation of “Buy” from the eight research firms that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is C$23.75.

CAE has been the topic of a number of analyst reports. Royal Bank of Canada lifted their target price on shares of CAE from C$23.00 to C$24.00 and gave the stock a “sector perform” rating in a research report on Monday, November 6th. Scotiabank lifted their target price on shares of CAE from C$23.00 to C$24.00 and gave the stock an “outperform” rating in a research report on Monday, November 13th. Desjardins lifted their target price on shares of CAE from C$25.00 to C$27.00 in a research report on Monday, November 13th. CIBC lifted their target price on shares of CAE from C$23.00 to C$24.00 in a research report on Thursday, November 2nd. Finally, Raymond James Financial decreased their target price on shares of CAE from C$22.00 to C$21.00 and set a “market perform” rating on the stock in a research report on Monday, November 13th.

CAE (TSE CAE) opened at C$23.49 on Tuesday. The company has a market cap of $6,320.00, a price-to-earnings ratio of 23.97 and a beta of 0.48. CAE has a 52-week low of C$18.35 and a 52-week high of C$23.60.

The company also recently declared a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 29th were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date was Thursday, December 14th. CAE’s dividend payout ratio (DPR) is presently 33.67%.

COPYRIGHT VIOLATION WARNING: “Cae Inc (CAE) Given Average Rating of “Buy” by Analysts” was posted by American Banking News and is owned by of American Banking News. If you are reading this piece on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2018/01/09/cae-inc-cae-given-average-rating-of-buy-by-analysts.html.

About CAE

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.

Analyst Recommendations for CAE (TSE:CAE)

Receive News & Ratings for CAE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CAE and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply