CAE Inc. (TSE:CAE) Receives Average Recommendation of “Moderate Buy” from Analysts

CAE Inc. (TSE:CAE) (NYSE:CAE) has been given a consensus recommendation of “Moderate Buy” by the twelve analysts that are presently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$41.82.

CAE has been the topic of a number of recent research reports. BMO Capital Markets increased their price objective on CAE from C$40.00 to C$50.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. TD Securities raised CAE from a “hold” rating to a “buy” rating and upped their price target for the company from C$40.00 to C$44.00 in a research note on Thursday, August 14th. Scotiabank lifted their price objective on CAE from C$42.00 to C$46.50 and gave the stock an “outperform” rating in a research report on Thursday, August 14th. Finally, National Bankshares boosted their price objective on CAE from C$43.00 to C$48.00 and gave the stock an “outperform” rating in a report on Tuesday, August 5th.

CAE Stock Up 0.1%

Shares of TSE:CAE opened at C$38.41 on Thursday. The company has a quick ratio of 0.71, a current ratio of 0.84 and a debt-to-equity ratio of 74.04. The firm has a market cap of C$12.31 billion, a P/E ratio of 29.55, a P/E/G ratio of 1.76 and a beta of 1.11. CAE has a 12 month low of C$28.62 and a 12 month high of C$41.38. The company’s 50-day moving average price is C$38.73 and its two-hundred day moving average price is C$37.91.

About CAE

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.