National Bank Financial Weighs in on Cae Inc’s Q3 2017 Earnings (CAE)
Cae Inc (TSE:CAE) – Equities researchers at National Bank Financial issued their Q3 2017 EPS estimates for Cae in a research report issued on Thursday. National Bank Financial analyst C. Doerksen forecasts that the firm will earn $0.23 per share for the quarter. National Bank Financial has a “Outperform” rating and a $21.50 price target on the stock. National Bank Financial also issued estimates for Cae’s FY2017 earnings at $0.99 EPS and FY2018 earnings at $1.11 EPS.
Other research analysts also recently issued research reports about the company. CIBC boosted their target price on Cae from C$18.50 to C$19.00 in a research note on Thursday, August 11th. Desjardins boosted their target price on Cae from C$20.00 to C$21.00 and gave the stock a “buy” rating in a research note on Thursday, August 11th. TD Securities reissued a “buy” rating and set a C$19.00 target price on shares of Cae in a research note on Tuesday, August 9th. BMO Capital Markets boosted their target price on Cae from C$17.00 to C$18.00 and gave the stock a “market perform” rating in a research note on Thursday, August 11th. Finally, Raymond James Financial Inc. upped their price objective on Cae from C$16.50 to C$17.50 and gave the company a “market perform” rating in a research note on Thursday, August 11th. Eight equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of C$19.27.
Cae (TSE:CAE) opened at 19.18 on Monday. The firm has a 50-day moving average of $18.87 and a 200-day moving average of $17.34. Cae has a 52 week low of $13.04 and a 52 week high of $19.81. The company has a market cap of $5.15 billion and a price-to-earnings ratio of 20.49.
Cae Company Profile
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