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

CAE Inc. (TSE:CAE) (NYSE:CAE) has been given an average recommendation of “Moderate Buy” by the ten research firms that are covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$48.15.

A number of analysts have recently issued reports on the company. Scotiabank raised their price objective on CAE from C$49.00 to C$57.00 and gave the company an “outperform” rating in a research report on Wednesday, January 21st. Royal Bank Of Canada raised their price target on CAE from C$40.00 to C$46.00 and gave the company a “sector perform” rating in a report on Monday, January 12th. Canadian Imperial Bank of Commerce lifted their price objective on shares of CAE from C$47.00 to C$56.00 in a research report on Wednesday, January 21st. TD Securities increased their price objective on shares of CAE from C$53.00 to C$54.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Desjardins raised their target price on shares of CAE from C$46.00 to C$51.00 and gave the stock a “buy” rating in a research note on Friday, December 12th.

CAE Stock Up 0.9%

TSE:CAE opened at C$41.05 on Friday. CAE has a twelve month low of C$28.98 and a twelve month high of C$47.65. The firm has a market capitalization of C$13.21 billion, a price-to-earnings ratio of 34.79, a price-to-earnings-growth ratio of 1.76 and a beta of 0.79. 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 stock’s 50 day moving average price is C$43.36 and its two-hundred day moving average price is C$40.06.

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

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. 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.