CAE (TSE:CAE) Given a C$50.00 Price Target at Stifel Nicolaus

Stifel Nicolaus set a C$50.00 price target on CAE (TSE:CAE) (NYSE:CAE) in a research report report published on Wednesday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Several other analysts have also recently issued reports on the stock. Scotiabank upped their price target on shares of CAE from C$49.00 to C$57.00 and gave the company an “outperform” rating in a report on Wednesday, January 21st. Canadian Imperial Bank of Commerce upped their target price on shares of CAE from C$47.00 to C$56.00 in a research note on Wednesday, January 21st. Royal Bank Of Canada lifted their price target on CAE from C$40.00 to C$46.00 and gave the stock a “sector perform” rating in a research note on Monday, January 12th. Desjardins boosted 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. Finally, TD Securities increased their target price on CAE from C$53.00 to C$54.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Seven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$48.32.

CAE Trading Up 4.4%

TSE:CAE opened at C$42.13 on Wednesday. The stock has a market cap of C$13.56 billion, a price-to-earnings ratio of 35.70, a price-to-earnings-growth ratio of 1.76 and a beta of 0.79. 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 62.81, a quick ratio of 0.71 and a current ratio of 0.91. The business’s 50-day simple moving average is C$43.23 and its 200 day simple moving average is C$40.14.

CAE (TSE:CAE) (NYSE:CAE) last posted its quarterly earnings data on Thursday, February 12th. The company reported C$0.34 earnings per share (EPS) for the quarter. CAE had a return on equity of 7.50% and a net margin of 7.73%.

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.