CAE Inc. (TSE:CAE) Given Average Rating of “Moderate Buy” by Brokerages

Shares of CAE Inc. (TSE:CAE) (NYSE:CAE) have been given an average rating of “Moderate Buy” by the ten research firms that are covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is C$48.15.

CAE has been the subject of a number of research analyst reports. Royal Bank Of Canada boosted their price objective on CAE from C$40.00 to C$46.00 and gave the stock a “sector perform” rating in a report on Monday, January 12th. Canadian Imperial Bank of Commerce lifted their price target on CAE from C$47.00 to C$56.00 in a report on Wednesday, January 21st. Desjardins upped their price objective on CAE from C$46.00 to C$51.00 and gave the company a “buy” rating in a report on Friday, December 12th. TD Securities increased their price objective on CAE from C$53.00 to C$54.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Finally, Scotiabank lifted their target price on CAE from C$49.00 to C$57.00 and gave the stock an “outperform” rating in a report on Wednesday, January 21st.

CAE Price Performance

TSE:CAE opened at C$40.45 on Friday. The company has a market cap of C$13.02 billion, a P/E ratio of 34.28, a P/E/G ratio of 1.76 and a beta of 0.79. The firm’s fifty day moving average price is C$43.34 and its two-hundred day moving average price is C$40.08. CAE has a one year low of C$28.98 and a one year high of C$47.65. The company has a debt-to-equity ratio of 74.04, a current ratio of 0.84 and a quick ratio of 0.71.

CAE (TSE:CAE) (NYSE:CAE) last posted its earnings results on Thursday, February 12th. The company reported C$0.34 earnings per share (EPS) for the quarter. CAE had a negative net margin of 7.75% and a negative return on equity of 7.81%.

CAE Company Profile

CAE Inc is a global company focused on delivering training for the civil aviation, defense, security, and healthcare markets. Multiple types of simulators and synthetic exercises may be sold to customers to serve as alternatives for live-training experiences. The company’s training solutions are provided through products and services. CAE has many different training locations where clients can be trained and educated through a series of programs. Additionally, part of the revenues come from supplying aviation personnel on a lease, along with providing aviation support organizations.