CAE (TSE:CAE) (NYSE:CAE) was upgraded by research analysts at Royal Bank of Canada from a “reduce” rating to an “outperform” rating in a research report issued on Monday. The firm currently has a C$26.00 price target on the stock, up from their previous price target of C$25.00. Royal Bank of Canada’s target price indicates a potential upside of 11.44% from the company’s previous close.

A number of other research firms have also recently weighed in on CAE. Scotiabank increased their price target on CAE from C$23.00 to C$24.00 and gave the stock an “outperform” rating in a report on Monday, November 13th. Desjardins increased their price target on CAE from C$25.00 to C$27.00 in a report on Monday, November 13th. CIBC increased their price target on CAE from C$23.00 to C$24.00 in a report on Thursday, November 2nd. Finally, Raymond James Financial lowered their price target on CAE from C$22.00 to C$21.00 and set a “market perform” rating for the company in a report on Monday, November 13th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of C$24.03.

CAE (TSE CAE) opened at C$23.33 on Monday. The firm has a market capitalization of $6,280.00, a price-to-earnings ratio of 19.94 and a beta of 0.38. CAE has a twelve month low of C$18.90 and a twelve month high of C$23.67.

COPYRIGHT VIOLATION NOTICE: This report was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this report on another publication, it was copied illegally and reposted in violation of U.S. & international copyright and trademark laws. The legal version of this report can be read at

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)

Receive News & Ratings for CAE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CAE and related companies with's FREE daily email newsletter.