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

CAE Inc. (TSE:CAE) (NYSE:CAE) has earned an average rating of “Moderate Buy” from the twelve analysts that are presently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is C$43.65.

Several brokerages have weighed in on CAE. Royal Bank Of Canada set a C$40.00 price objective on CAE and gave the company a “sector perform” rating in a research report on Tuesday, November 25th. TD Securities upped their price target on shares of CAE from C$44.00 to C$46.00 in a report on Thursday, November 13th. Finally, Scotiabank increased their price target on shares of CAE from C$46.50 to C$49.00 in a research report on Thursday, November 13th.

CAE Stock Performance

CAE stock opened at C$37.82 on Monday. The firm has a fifty day simple moving average of C$38.51 and a two-hundred day simple moving average of C$38.14. The company has a quick ratio of 0.71, a current ratio of 0.84 and a debt-to-equity ratio of 74.04. CAE has a twelve month low of C$28.98 and a twelve month high of C$41.38. The company has a market capitalization of C$12.16 billion, a PE ratio of 27.81, a P/E/G ratio of 1.76 and a beta of 1.02.

CAE (TSE:CAE) (NYSE:CAE) last released its quarterly earnings data on Tuesday, November 11th. The company reported C$0.23 EPS for the quarter. The firm had revenue of C$1.24 billion for the quarter. CAE had a negative return on equity of 7.81% and a negative net margin of 7.75%.

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.