Desjardins Increases Cae Inc (CAE) Price Target to C$27.00

Cae Inc (TSE:CAE) (NYSE:CAE) had its target price boosted by stock analysts at Desjardins from C$25.00 to C$27.00 in a research note issued on Monday. Desjardins’ target price points to a potential upside of 22.01% from the company’s previous close.

Other analysts also recently issued reports about the stock. TD Securities boosted their target price on shares of Cae from C$22.00 to C$23.00 and gave the stock a “hold” rating in a report on Friday, August 11th. Raymond James Financial, Inc. dropped their price objective on shares of Cae from C$23.00 to C$22.00 and set a “market perform” rating on the stock in a research note on Friday, August 11th. Royal Bank Of Canada boosted their target price on shares of Cae from C$23.00 to C$24.00 and gave the stock a “sector perform” rating in a research report on Monday, November 6th. CIBC boosted their target price on shares of Cae from C$23.00 to C$24.00 in a research report on Thursday, November 2nd. Finally, BMO Capital Markets raised shares of Cae from a “market perform” rating to an “outperform” rating and set a C$23.00 price objective for the company in a report on Wednesday, August 30th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of C$23.75.

Shares of Cae (CAE) traded down C$0.75 during trading hours on Monday, hitting C$22.13. 1,176,562 shares of the stock were exchanged, compared to its average volume of 517,492. Cae has a 12 month low of C$18.35 and a 12 month high of C$23.39.

WARNING: “Desjardins Increases Cae Inc (CAE) Price Target to C$27.00” was published by Markets Daily and is the property of of Markets Daily. If you are reading this piece on another site, it was stolen and republished in violation of United States & international trademark & copyright legislation. The correct version of this piece can be accessed at

In related news, insider Nick Leontidis bought 4,000 shares of the company’s stock in a transaction on Friday, September 29th. The shares were purchased at an average cost of C$21.83 per share, for a total transaction of C$87,320.00.

About Cae

CAE Inc provides training for the civil aviation, defense and security, and healthcare markets. The Company designs and integrates training solutions. It operates through three segments: Civil Aviation Training Solutions, Defense and Security, and Healthcare. The Company provides training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a range of flight simulation training devices, as well as ab initio pilot training and crew sourcing services.

Analyst Recommendations for Cae (TSE:CAE)

Receive News & Ratings for Cae Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cae Inc and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply