CAE Inc. (TSE:CAE) Receives Consensus Rating of “Buy” from Brokerages

Shares of CAE Inc. (TSE:CAE) (NYSE:CAE) have been given an average rating of “Buy” by the eleven analysts that are covering the firm, Marketbeat reports. Eleven research analysts have rated the stock with a buy recommendation. The average 1 year price target among analysts that have issued a report on the stock in the last year is C$48.91.

Several research analysts recently commented on CAE shares. Scotia dropped their target price on shares of CAE from C$56.00 to C$50.00 and set a “sector outperform” rating on the stock in a report on Friday, May 22nd. Stifel Nicolaus dropped their target price on shares of CAE from C$50.00 to C$47.00 and set a “buy” rating on the stock in a report on Tuesday, May 26th. TD Securities dropped their target price on shares of CAE from C$54.00 to C$53.00 and set a “buy” rating on the stock in a report on Tuesday, March 24th. Canaccord Genuity Group lifted their target price on shares of CAE from C$49.00 to C$50.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Finally, TD dropped their target price on shares of CAE from C$49.00 to C$43.00 and set a “buy” rating on the stock in a report on Monday, May 25th.

CAE Price Performance

CAE stock opened at C$35.54 on Monday. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 60.97. CAE has a 1 year low of C$31.42 and a 1 year high of C$47.65. The company has a fifty day simple moving average of C$35.91 and a 200 day simple moving average of C$39.25. The firm has a market cap of C$11.43 billion, a PE ratio of 36.64, a PEG ratio of 1.76 and a beta of 0.59.

CAE (TSE:CAE) (NYSE:CAE) last released its quarterly earnings data on Thursday, May 21st. The company reported C$0.42 earnings per share (EPS) for the quarter. CAE had a net margin of 6.37% and a return on equity of 6.12%. The business had revenue of C$1.33 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.