CAE (TSE:CAE – Get Free Report) (NYSE:CAE) had its price objective reduced by stock analysts at National Bankshares from C$38.00 to C$36.00 in a research note issued on Wednesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price objective would suggest a potential upside of 25.48% from the company’s previous close.
Several other equities research analysts have also commented on the company. CIBC upped their price objective on CAE from C$37.00 to C$38.00 in a research report on Thursday, August 10th. Royal Bank of Canada lowered their price objective on CAE from C$37.00 to C$34.00 and set an “outperform” rating on the stock in a research report on Wednesday. Scotiabank lowered their price objective on CAE from C$38.00 to C$36.50 and set an “outperform” rating on the stock in a research report on Wednesday. TD Securities decreased their target price on CAE from C$39.00 to C$38.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Canaccord Genuity Group raised CAE from a “hold” rating to a “buy” rating and reduced their price objective for the company from C$36.00 to C$35.00 in a research note on Wednesday, October 25th. Seven research analysts have rated the stock with a buy rating, According to MarketBeat.com, CAE has an average rating of “Buy” and a consensus target price of C$36.15.
CAE Price Performance
CAE Inc, together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, Oceania and Africa, and Rest of Americas. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare.
- Five stocks we like better than CAE
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Amazon, Target, Walmart in a race for fastest delivery
- 5 Top Rated Dividend Stocks to Consider
- Palo Alto Networks: the one security stock to rule them all
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Is it time to buy the dip in Walmart shares?
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.