Analysts Set CAE Inc. (TSE:CAE) PT at C$48.05

Shares of CAE Inc. (TSE:CAE) (NYSE:CAE) have received an average rating of “Moderate Buy” from the twelve research firms that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is C$48.05.

CAE has been the topic of a number of research analyst reports. Desjardins upped their target price on shares of CAE from C$46.00 to C$51.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. CIBC increased their price objective on CAE from C$47.00 to C$56.00 in a research note on Wednesday, January 21st. Royal Bank Of Canada raised 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. TD Securities lifted their target price on CAE from C$46.00 to C$53.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Finally, Scotiabank increased their price target on CAE from C$49.00 to C$57.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 21st.

CAE Trading Up 0.8%

CAE opened at C$43.99 on Tuesday. The company has a debt-to-equity ratio of 74.04, a quick ratio of 0.71 and a current ratio of 0.84. The stock’s 50 day moving average price is C$42.27 and its 200-day moving average price is C$39.81. CAE has a one year low of C$28.98 and a one year high of C$47.65. The stock has a market cap of C$14.14 billion, a price-to-earnings ratio of 32.35, a P/E/G ratio of 1.76 and a beta of 0.93.

CAE (TSE:CAE) (NYSE:CAE) last posted its quarterly earnings data on Tuesday, November 11th. The company reported C$0.23 earnings per share (EPS) for the quarter. CAE had a negative return on equity of 7.81% and a negative net margin of 7.75%.The company had revenue of C$1.24 billion during the quarter.

About CAE

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.