CAE Inc. (TSE:CAE) Given Consensus Rating of “Hold” by Analysts

Shares of CAE Inc. (TSE:CAE) (NYSE:CAE) have received a consensus recommendation of “Hold” from the eight brokerages that are presently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$35.56.

CAE has been the subject of several research analyst reports. National Bankshares lifted their price target on CAE from C$30.00 to C$34.00 in a research note on Wednesday, November 13th. Cibc World Mkts lowered CAE from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Desjardins raised CAE from a “hold” rating to a “buy” rating and lifted their price target for the stock from C$32.00 to C$40.00 in a research note on Monday, December 30th. BMO Capital Markets lifted their price target on CAE from C$33.00 to C$38.00 and gave the stock an “outperform” rating in a research note on Monday, December 23rd. Finally, Royal Bank of Canada lifted their price target on CAE from C$34.00 to C$38.00 in a research note on Wednesday, January 15th.

CAE Price Performance

TSE:CAE opened at C$35.38 on Friday. The firm has a market capitalization of C$11.28 billion, a price-to-earnings ratio of -33.07, a P/E/G ratio of 1.76 and a beta of 1.91. CAE has a 52-week low of C$22.28 and a 52-week high of C$36.68. The stock has a fifty day moving average of C$33.37 and a 200 day moving average of C$27.84. The company has a debt-to-equity ratio of 74.24, a quick ratio of 0.71 and a current ratio of 0.89.

CAE (TSE:CAE) (NYSE:CAE) last posted its quarterly earnings data on Tuesday, November 12th. The company reported C$0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.18 by C$0.06. CAE had a negative return on equity of 7.43% and a negative net margin of 7.39%. During the same quarter last year, the business earned $0.27 earnings per share.

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.