CAE Inc. (TSE:CAE) Given Consensus Recommendation of “Moderate Buy” by Analysts

CAE Inc. (TSE:CAE) (NYSE:CAE) has been given an average recommendation of “Moderate Buy” by the twelve brokerages that are currently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is C$43.65.

A number of research analysts have weighed in on CAE shares. Scotiabank upped their target price on CAE from C$46.50 to C$49.00 in a report on Thursday, November 13th. Royal Bank Of Canada set a C$40.00 price target on CAE and gave the stock a “sector perform” rating in a research note on Tuesday, November 25th. Finally, TD Securities raised their price objective on CAE from C$44.00 to C$46.00 in a research report on Thursday, November 13th.

CAE Stock Down 0.9%

Shares of TSE CAE opened at C$37.82 on Monday. The firm has a fifty day simple moving average of C$38.51 and a two-hundred day simple moving average of C$38.14. CAE has a 12 month low of C$28.98 and a 12 month high of C$41.38. The company has a current ratio of 0.84, a quick ratio of 0.71 and a debt-to-equity ratio of 74.04. The firm has a market capitalization of C$12.16 billion, a PE ratio of 27.81, a price-to-earnings-growth ratio of 1.76 and a beta of 1.02.

CAE (TSE:CAE) (NYSE:CAE) last announced its earnings results on Tuesday, November 11th. The company reported C$0.23 earnings per share for the quarter. CAE had a negative net margin of 7.75% and a negative return on equity of 7.81%. The firm had revenue of C$1.24 billion for the quarter.

About CAE

CAE Inc is a global company focused on delivering training for the civil aviation, defense, security, and healthcare markets. Multiple types of simulators and synthetic exercises may be sold to customers to serve as alternatives for live-training experiences. The company’s training solutions are provided through products and services.