Cae Inc (CAE) PT Raised to C$21.50 at National Bank Financial
Cae Inc (TSE:CAE) had its price objective upped by research analysts at National Bank Financial from C$19.00 to C$21.50 in a research note issued on Friday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price target would suggest a potential upside of 12.27% from the stock’s current price.
A number of other equities research analysts have also issued reports on the stock. Royal Bank Of Canada lowered shares of Cae from an “outperform” rating to a “sector perform” rating and increased their price objective for the company from C$19.00 to C$20.00 in a report on Friday. TD Securities reaffirmed a “hold” rating and set a C$19.50 price objective on shares of Cae in a report on Friday, November 4th. Scotiabank increased their price objective on shares of Cae from C$16.75 to C$18.50 and gave the company a “sector perform” rating in a report on Thursday, August 11th. RBC Capital Markets increased their price objective on shares of Cae from C$18.00 to C$19.00 and gave the company an “outperform” rating in a report on Thursday, August 11th. Finally, Raymond James Financial Inc. increased their target price on Cae from C$16.50 to C$17.50 and gave the company a “market perform” rating in a research report on Thursday, August 11th. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of C$19.27.
Cae (TSE:CAE) opened at 19.15 on Friday. The firm’s 50-day moving average is $18.87 and its 200-day moving average is $17.41. The stock has a market capitalization of $5.15 billion and a P/E ratio of 22.16. Cae has a 12 month low of $13.04 and a 12 month high of $19.81.
Cae Company Profile
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