CAE (CAE) Earns “Sector Perform” Rating from AltaCorp Capital
Several other equities research analysts have also issued reports on CAE. Royal Bank of Canada raised their target price on CAE from C$24.00 to C$25.00 and gave the company a sector perform rating in a research report on Tuesday, February 6th. Scotiabank raised their target price on CAE from C$24.00 to C$24.25 and gave the company an outperform rating in a research report on Monday. Desjardins raised their target price on CAE from C$25.00 to C$27.00 in a research report on Monday, November 13th. Raymond James Financial cut their price target on CAE from C$22.00 to C$21.00 and set a market perform rating for the company in a research note on Monday, November 13th. Finally, CIBC increased their price target on CAE from C$23.00 to C$24.00 in a research note on Thursday, November 2nd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of Buy and a consensus target price of C$24.03.
Shares of CAE (CAE) opened at C$23.33 on Tuesday. CAE has a 12-month low of C$18.90 and a 12-month high of C$23.67. The stock has a market capitalization of $6,280.00, a price-to-earnings ratio of 19.94 and a beta of 0.38.
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CAE Company Profile
CAE Inc provides training for the civil aviation, defense and security, and healthcare markets. The Company designs and integrates training solutions. It operates through three segments: Civil Aviation Training Solutions, Defense and Security, and Healthcare. The Company provides training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a range of flight simulation training devices, as well as ab initio pilot training and crew sourcing services.
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