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.
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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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