CAE (TSE:CAE) PT Set at C$50.00 by Stifel Nicolaus

CAE (TSE:CAE) (NYSE:CAE) received a C$50.00 price objective from Stifel Nicolaus in a report released on Wednesday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price target indicates a potential upside of 21.36% from the company’s previous close.

Other analysts also recently issued research reports about the company. TD Securities upped their price target on CAE from C$53.00 to C$54.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Canadian Imperial Bank of Commerce boosted their target price on shares of CAE from C$47.00 to C$56.00 in a research report on Wednesday, January 21st. Scotiabank raised their price objective on CAE from C$49.00 to C$57.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 21st. Desjardins upped their target price 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, Royal Bank Of Canada upped their price target on CAE from C$40.00 to C$46.00 and gave the stock a “sector perform” rating in a research note on Monday, January 12th. Seven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$48.32.

CAE Price Performance

CAE opened at C$41.20 on Wednesday. The company has a debt-to-equity ratio of 62.81, a current ratio of 0.91 and a quick ratio of 0.71. The stock’s 50 day simple moving average is C$43.19 and its 200 day simple moving average is C$40.15. The firm has a market cap of C$13.26 billion, a price-to-earnings ratio of 34.92, a PEG ratio of 1.76 and a beta of 0.79. CAE has a 1 year low of C$28.98 and a 1 year high of C$47.65.

CAE (TSE:CAE) (NYSE:CAE) last released its quarterly earnings data on Thursday, February 12th. The company reported C$0.34 earnings per share (EPS) for the quarter. CAE had a net margin of 7.73% and a return on equity of 7.50%.

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.