Cae Inc (CAE) Expected to Earn FY2018 Earnings of $1.09 Per Share
Cae Inc (TSE:CAE) – Equities research analysts at Raymond James Financial lifted their FY2018 earnings estimates for Cae in a research note issued on Friday. Raymond James Financial analyst B. Cherniavsky now forecasts that the brokerage will earn $1.09 per share for the year, up from their previous forecast of $1.08. Raymond James Financial currently has a “Market Perform” rating and a $17.50 target price on the stock.
Other equities research analysts have also issued research reports about the company. Royal Bank Of Canada lowered Cae from an “outperform” rating to a “sector perform” rating and upped their target price for the company from C$19.00 to C$20.00 in a research note on Friday. TD Securities reaffirmed a “hold” rating and issued a C$19.50 target price on shares of Cae in a research note on Friday. CIBC upped their target price on Cae from C$19.00 to C$21.50 and gave the company a “sector perform” rating in a research note on Friday. Scotiabank upped their target price on Cae from C$18.50 to C$21.00 and gave the company a “sector perform” rating in a research note on Friday. Finally, National Bank Financial upped their target price on Cae from C$19.00 to C$21.50 and gave the company an “outperform” rating in a research note on Friday. Eight equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of C$19.27.
Shares of Cae (TSE:CAE) opened at 19.18 on Monday. The firm has a market capitalization of $5.15 billion and a PE ratio of 20.49. The stock has a 50 day moving average price of $18.87 and a 200-day moving average price of $17.34. Cae has a 52 week low of $13.04 and a 52 week high of $19.81.
Cae Company Profile
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