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

CAE Inc. (TSE:CAE) (NYSE:CAE) has been assigned a consensus rating of “Moderate Buy” from the ten analysts that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$48.15.

CAE has been the topic of a number of research reports. Royal Bank Of Canada boosted their target price on shares of CAE from C$40.00 to C$46.00 and gave the stock a “sector perform” rating in a research note on Monday, January 12th. Desjardins raised their price objective on CAE from C$46.00 to C$51.00 and gave the company a “buy” rating in a report on Friday, December 12th. Scotiabank upped their target price on CAE from C$49.00 to C$57.00 and gave the stock an “outperform” rating in a report on Wednesday, January 21st. Canadian Imperial Bank of Commerce increased their target price on CAE from C$47.00 to C$56.00 in a research report on Wednesday, January 21st. Finally, TD Securities lifted their price target on CAE from C$53.00 to C$54.00 and gave the company a “buy” rating in a research note on Tuesday.

CAE Stock Up 0.9%

CAE stock opened at C$41.05 on Friday. The firm has a 50-day moving average price of C$43.36 and a 200-day moving average price of C$40.06. CAE has a 12 month low of C$28.98 and a 12 month high of C$47.65. 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 stock has a market capitalization of C$13.21 billion, a P/E ratio of 34.79, a price-to-earnings-growth ratio of 1.76 and a beta of 0.79.

CAE (TSE:CAE) (NYSE:CAE) last announced its quarterly earnings results on Thursday, February 12th. The company reported C$0.34 earnings per share (EPS) for the quarter. CAE had a negative net margin of 7.75% and a negative return on equity of 7.81%.

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. CAE has many different training locations where clients can be trained and educated through a series of programs. Additionally, part of the revenues come from supplying aviation personnel on a lease, along with providing aviation support organizations.