CAE (TSE:CAE – Free Report) (NYSE:CAE) had its price target lowered by National Bankshares from C$34.00 to C$32.00 in a research report sent to investors on Tuesday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.
Other equities research analysts also recently issued research reports about the stock. Scotiabank reduced their price target on shares of CAE from C$31.00 to C$30.00 and set a sector perform rating for the company in a research report on Thursday, February 15th. Desjardins dropped their target price on shares of CAE from C$35.00 to C$30.00 and set a buy rating on the stock in a report on Thursday, February 15th. Morgan Stanley raised their target price on shares of CAE from C$35.00 to C$39.00 in a report on Wednesday, December 20th. CIBC dropped their target price on shares of CAE from C$37.00 to C$32.00 and set an outperform rating on the stock in a report on Thursday, February 15th. Finally, Canaccord Genuity Group dropped their target price on shares of CAE from C$36.00 to C$34.00 and set a buy rating on the stock in a report on Thursday, February 15th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of Moderate Buy and an average price target of C$32.80.
Check Out Our Latest Stock Analysis on CAE
CAE Stock Performance
CAE (TSE:CAE – Get Free Report) (NYSE:CAE) last issued its quarterly earnings data on Wednesday, February 14th. The company reported C$0.24 EPS for the quarter, hitting the consensus estimate of C$0.24. CAE had a net margin of 6.13% and a return on equity of 6.24%. The business had revenue of C$1.09 billion during the quarter, compared to analyst estimates of C$1.09 billion. On average, analysts anticipate that CAE will post 1.2964371 EPS 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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