CAE (TSE:CAE) (NYSE:CAE)‘s stock had its “sector perform” rating reissued by research analysts at AltaCorp Capital in a research report issued to clients and investors on Tuesday.
A number of other equities analysts have also recently commented on CAE. Royal Bank of Canada lifted their price objective on shares of CAE from C$24.00 to C$25.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 6th. Scotiabank lifted their price objective on shares of CAE from C$24.00 to C$24.25 and gave the stock an “outperform” rating in a research report on Monday. Desjardins lifted their price objective on shares of CAE from C$25.00 to C$27.00 in a research report on Monday, November 13th. Raymond James Financial reduced their price objective on shares of CAE from C$22.00 to C$21.00 and set a “market perform” rating for the company in a research report on Monday, November 13th. Finally, CIBC lifted their price objective on shares of CAE from C$23.00 to C$24.00 in a research report on Thursday, November 2nd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. CAE presently has an average rating of “Buy” and a consensus target price of C$24.03.
CAE (TSE:CAE) opened at C$23.33 on Tuesday. CAE has a 52-week low of C$18.90 and a 52-week high of C$23.67. The company has a market cap of $6,280.00, a price-to-earnings ratio of 19.94 and a beta of 0.38.
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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