Cae Inc (TSE:CAE) had its target price boosted by equities research analysts at CIBC from C$19.00 to C$21.50 in a research note issued to investors on Friday. The brokerage currently has a “sector perform” rating on the stock. CIBC’s price objective would indicate a potential upside of 12.27% from the company’s previous close.

CAE has been the subject of several other research reports. TD Securities reaffirmed a “hold” rating and set a C$19.50 price objective on shares of Cae in a research note on Friday, November 4th. Scotiabank boosted 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 research note on Thursday, August 11th. Royal Bank Of Canada cut shares of Cae from an “outperform” rating to a “sector perform” rating and boosted their price objective for the company from C$19.00 to C$20.00 in a research note on Friday. National Bank Financial boosted their price objective on shares of Cae from C$19.00 to C$21.50 and gave the company an “outperform” rating in a research note on Friday. Finally, RBC Capital Markets boosted their price objective on shares of Cae from C$18.00 to C$19.00 and gave the company an “outperform” rating in a research note on Thursday, August 11th. Eight research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Cae presently has an average rating of “Hold” and an average target price of C$19.27.

Analyst Recommendations for Cae (TSE:CAE)

Cae (TSE:CAE) opened at 19.15 on Friday. The firm has a 50-day moving average of $18.87 and a 200 day moving average of $17.41. Cae has a 12 month low of $13.04 and a 12 month high of $19.81. The firm has a market capitalization of $5.15 billion and a PE ratio of 22.16.

Cae Company Profile

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