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

CAE Inc. (TSE:CAEGet Free Report) (NYSE:CAE) has received an average rating of “Hold” from the nine research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$31.40.

A number of analysts have weighed in on the stock. Desjardins cut their target price on shares of CAE from C$30.00 to C$29.00 and set a “hold” rating on the stock in a research report on Wednesday, May 29th. Scotiabank cut their target price on shares of CAE from C$31.00 to C$30.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 15th. BMO Capital Markets cut their target price on shares of CAE from C$37.00 to C$34.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 22nd. Canaccord Genuity Group lowered shares of CAE from a “buy” rating to a “hold” rating and cut their price target for the stock from C$34.00 to C$30.00 in a report on Wednesday, May 22nd. Finally, National Bankshares cut their price target on shares of CAE from C$32.00 to C$31.00 and set an “outperform” rating on the stock in a report on Thursday, May 23rd.

Check Out Our Latest Stock Analysis on CAE

CAE Stock Performance

Shares of TSE:CAE opened at C$25.60 on Thursday. The company’s 50 day simple moving average is C$26.82 and its 200 day simple moving average is C$27.20. The stock has a market capitalization of C$8.15 billion, a price-to-earnings ratio of -25.10, a price-to-earnings-growth ratio of 1.76 and a beta of 1.92. The company has a debt-to-equity ratio of 67.89, a current ratio of 0.90 and a quick ratio of 0.71. CAE has a 1 year low of C$23.74 and a 1 year high of C$33.87.

CAE Company Profile

(Get Free Report

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.

Further Reading

Analyst Recommendations for CAE (TSE:CAE)

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.