CAE Inc. (TSE:CAE) Receives Average Recommendation of “Hold” from Analysts

Shares of CAE Inc. (TSE:CAE) (NYSE:CAE) have earned a consensus rating of “Hold” from the ten analysts that are covering the company, Marketbeat.com reports. Eight research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$37.83.

CAE has been the subject of several recent analyst reports. National Bank Financial cut CAE from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. Royal Bank of Canada lifted their price target on CAE from C$34.00 to C$38.00 in a research note on Wednesday, January 15th. TD Securities increased their price objective on shares of CAE from C$35.00 to C$39.00 and gave the company a “hold” rating in a research note on Tuesday, February 18th. CIBC lifted their target price on shares of CAE from C$37.00 to C$39.00 in a research report on Tuesday, February 18th. Finally, National Bankshares lowered shares of CAE from an “outperform” rating to a “sector perform” rating and increased their price target for the company from C$34.00 to C$38.00 in a research report on Thursday, January 30th.

CAE Stock Up 2.5 %

CAE stock opened at C$34.95 on Friday. The stock has a 50 day moving average of C$34.87 and a two-hundred day moving average of C$30.68. CAE has a twelve month low of C$22.28 and a twelve month high of C$39.17. The stock has a market capitalization of C$11.17 billion, a price-to-earnings ratio of -33.52, a PEG ratio of 1.76 and a beta of 1.91. The company has a current ratio of 0.84, a quick ratio of 0.71 and a debt-to-equity ratio of 74.04.

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.