CAE Inc. (TSE:CAE – Get Free Report) (NYSE:CAE) has been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$32.80.
CAE has been the subject of a number of research reports. Canaccord Genuity Group cut their target price on shares of CAE from C$36.00 to C$34.00 and set a “buy” rating for the company in a research note on Thursday, February 15th. National Bankshares dropped their price objective on shares of CAE from C$34.00 to C$32.00 and set an “outperform” rating for the company in a research note on Tuesday. Desjardins dropped their price objective on shares of CAE from C$35.00 to C$30.00 and set a “buy” rating for the company in a research note on Thursday, February 15th. TD Securities dropped their price objective on shares of CAE from C$36.00 to C$34.00 and set a “buy” rating for the company in a research note on Thursday, February 15th. Finally, Morgan Stanley upped their price objective on shares of CAE from C$35.00 to C$39.00 in a research note on Wednesday, December 20th.
Read Our Latest Stock Analysis on CAE
CAE Trading Down 0.9 %
CAE (TSE:CAE – Get Free Report) (NYSE:CAE) last released its earnings results on Wednesday, February 14th. The company reported C$0.24 EPS for the quarter, hitting analysts’ consensus estimates of C$0.24. The business had revenue of C$1.09 billion during the quarter, compared to analysts’ expectations of C$1.09 billion. CAE had a net margin of 6.13% and a return on equity of 6.24%. As a group, equities analysts predict that CAE will post 1.2964371 earnings per share for the current fiscal year.
About CAE
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.
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