Cae Inc (TSE:CAE) had its price objective raised by analysts at Scotiabank from C$18.50 to C$21.00 in a research note issued to investors on Friday. The brokerage currently has a “sector perform” rating on the stock. Scotiabank’s price target would indicate a potential upside of 9.66% from the company’s current price.

A number of other research analysts have also recently commented on CAE. CIBC raised their price target on shares of Cae from C$18.00 to C$18.50 and gave the stock an “outperform” rating in a research note on Thursday, August 4th. TD Securities restated a “buy” rating and set a C$19.00 price target on shares of Cae in a research note on Tuesday, August 9th. AltaCorp Capital lifted their target price on shares of Cae from C$17.00 to C$18.00 and gave the company a “sector perform” rating in a research note on Thursday, August 11th. BMO Capital Markets lifted their target price on shares of Cae from C$17.00 to C$18.00 and gave the company a “market perform” rating in a research note on Thursday, August 11th. Finally, Desjardins lifted their target price on shares of Cae from C$20.00 to C$21.00 and gave the company a “buy” rating in a research note on Thursday, August 11th. Eight investment 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 price target of C$19.27.

Analyst Recommendations for Cae (TSE:CAE)

Cae (TSE:CAE) opened at 19.15 on Friday. The company has a market capitalization of $5.15 billion and a price-to-earnings ratio of 22.16. Cae has a 52 week low of $13.04 and a 52 week high of $19.81. The firm’s 50-day moving average price is $18.87 and its 200-day moving average price is $17.41.

About Cae

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