CAE (TSE:CAE) Price Target Raised to C$54.00 at TD Securities

CAE (TSE:CAE) (NYSE:CAE) had its price objective lifted by TD Securities from C$53.00 to C$54.00 in a report published on Tuesday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Other equities analysts also recently issued reports about the stock. Royal Bank Of Canada lifted their price objective on shares of CAE from C$40.00 to C$46.00 and gave the stock a “sector perform” rating in a report on Monday, January 12th. Scotiabank raised their price target on shares of CAE from C$49.00 to C$57.00 and gave the company an “outperform” rating in a research report on Wednesday, January 21st. Desjardins boosted their price target on shares of CAE from C$46.00 to C$51.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Finally, Canadian Imperial Bank of Commerce increased their price objective on shares of CAE from C$47.00 to C$56.00 in a research note on Wednesday, January 21st. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$48.15.

CAE Stock Performance

Shares of CAE opened at C$41.35 on Tuesday. The firm has a market capitalization of C$13.31 billion, a P/E ratio of 35.04, a P/E/G ratio of 1.76 and a beta of 0.79. CAE has a 52 week low of C$28.98 and a 52 week high of C$47.65. The stock has a 50 day moving average price of C$43.28 and a two-hundred day moving average price of C$40.04. The company has a debt-to-equity ratio of 74.04, a quick ratio of 0.71 and a current ratio of 0.84.

CAE (TSE:CAE) (NYSE:CAE) last announced its earnings results on Thursday, February 12th. The company reported C$0.34 earnings per share (EPS) for the quarter. CAE had a negative return on equity of 7.81% and a negative net margin of 7.75%.

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. CAE has many different training locations where clients can be trained and educated through a series of programs. Additionally, part of the revenues come from supplying aviation personnel on a lease, along with providing aviation support organizations.