CAE (TSE:CAE) (NYSE:CAE) had its target price upped by research analysts at Scotiabank from C$24.00 to C$24.25 in a report released on Monday. The firm currently has an “outperform” rating on the stock. Scotiabank’s price objective would indicate a potential upside of 4.66% from the company’s current price.
A number of other equities research analysts have also issued reports on CAE. CIBC upped their target price on CAE from C$23.00 to C$24.00 in a research note on Thursday, November 2nd. Royal Bank of Canada upped their target price on CAE from C$23.00 to C$24.00 and gave the company a “sector perform” rating in a research note on Monday, November 6th. Desjardins upped their target price on CAE from C$25.00 to C$27.00 in a research note on Monday, November 13th. Finally, Raymond James Financial reduced their target price on CAE from C$22.00 to C$21.00 and set a “market perform” rating on the stock in a research note on Monday, November 13th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$24.03.
CAE (TSE:CAE) traded up C$1.23 on Monday, hitting C$23.17. The company had a trading volume of 866,957 shares, compared to its average volume of 379,435. The firm has a market cap of $5,900.00, a PE ratio of 23.80 and a beta of 0.38. CAE has a 1-year low of C$18.77 and a 1-year high of C$23.67.
ILLEGAL ACTIVITY WARNING: This piece of content was first published by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright laws. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2018/02/12/cae-cae-price-target-increased-to-c24-25-by-analysts-at-scotiabank.html.
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.
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.