CAE (TSE:CAE) Given New C$45.00 Price Target at BMO Capital Markets


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CAE (TSE:CAE) (NYSE:CAE) had its price target increased by BMO Capital Markets from C$42.00 to C$45.00 in a report released on Thursday, Analyst Ratings Network reports. They currently have an outperform rating on the stock.

Several other equities research analysts also recently weighed in on CAE. TD Securities upped their target price on CAE from C$34.00 to C$40.00 and gave the stock a hold rating in a research report on Tuesday, March 2nd. Scotiabank cut their price objective on shares of CAE from C$45.00 to C$44.00 in a report on Thursday, March 11th. National Bank Financial increased their target price on CAE from C$34.00 to C$41.00 and gave the company a sector perform rating in a research note on Tuesday, March 2nd. Canaccord Genuity lifted their price target on shares of CAE from C$34.00 to C$38.00 and gave the stock a na rating in a research note on Tuesday, March 2nd. Finally, CIBC increased their price objective on shares of CAE from C$36.00 to C$42.00 in a research note on Wednesday, March 3rd. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of C$37.75.

TSE CAE opened at C$37.64 on Thursday. The business’s 50 day moving average is C$36.10 and its two-hundred day moving average is C$31.08. The stock has a market capitalization of C$11.04 billion and a price-to-earnings ratio of 965.13. The company has a current ratio of 1.24, a quick ratio of 0.84 and a debt-to-equity ratio of 85.28. CAE has a 12-month low of C$18.33 and a 12-month high of C$39.44.

CAE (TSE:CAE) (NYSE:CAE) last posted its quarterly earnings data on Friday, February 12th. The company reported C$0.22 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.18 by C$0.04. The company had revenue of C$832.40 million for the quarter, compared to analyst estimates of C$840.50 million. Equities analysts forecast that CAE will post 0.9800001 earnings per share for the current fiscal year.

About CAE

CAE Inc, together with its subsidiaries, provides training solutions for the civil aviation, defence and security, and healthcare markets worldwide. The company's Civil Aviation Training Solutions segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services.

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Analyst Recommendations for CAE (TSE:CAE)

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