AltaCorp Capital reiterated their sector perform rating on shares of CAE (TSE:CAE) (NYSE:CAE) in a research report sent to investors on Tuesday morning.

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.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Thursday, March 15th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $0.36 annualized dividend and a dividend yield of 1.54%. CAE’s payout ratio is 29.06%.

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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.

Analyst Recommendations for CAE (TSE:CAE)

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