CAE (TSE:CAE) Raised to Outperform at Scotiabank

CAE (TSE:CAE) (NYSE:CAE) was upgraded by equities research analysts at Scotiabank from a “sector perform” rating to an “outperform” rating in a research note issued to investors on Thursday,BayStreet.CA reports. The firm presently has a C$42.00 price target on the stock, up from their previous price target of C$40.00. Scotiabank’s price objective suggests a potential upside of 22.20% from the company’s previous close. Scotiabank also issued estimates for CAE’s Q4 2026 earnings at $0.52 EPS and Q4 2027 earnings at $0.55 EPS.

A number of other analysts also recently weighed in on the stock. CIBC upped their price target on shares of CAE from C$37.00 to C$39.00 in a report on Tuesday, February 18th. BMO Capital Markets upped their price target on shares of CAE from C$39.00 to C$40.00 in a report on Thursday. Royal Bank of Canada downgraded shares of CAE from an “outperform” rating to a “sector perform” rating and cut their price target for the stock from C$41.00 to C$38.00 in a report on Wednesday. National Bank Financial raised shares of CAE from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 6th. Finally, TD Securities upped their price target on shares of CAE from C$35.00 to C$39.00 and gave the stock a “hold” rating in a report on Tuesday, February 18th. Seven analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$39.23.

CAE Stock Performance

Shares of CAE stock opened at C$34.37 on Thursday. The company has a 50 day moving average of C$34.10 and a 200-day moving average of C$33.89. CAE has a 1-year low of C$22.28 and a 1-year high of C$39.17. The company has a current ratio of 0.84, a quick ratio of 0.71 and a debt-to-equity ratio of 74.04. The company has a market cap of C$10.99 billion, a PE ratio of -32.96, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91.

CAE Company Profile

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.