CAE (TSE:CAE) (NYSE:CAE) had its price target cut by TD Securities from C$23.00 to C$20.00 in a research report sent to investors on Monday morning, BayStreet.CA reports. They currently have a hold rating on the stock.
Several other equities research analysts have also recently commented on CAE. National Bank Financial upgraded shares of CAE from a sector perform overweight rating to an outperform overweight rating and lowered their price target for the stock from C$37.00 to C$24.00 in a research report on Wednesday, April 1st. Raymond James lowered their price target on shares of CAE from C$40.00 to C$19.00 and set a market perform rating for the company in a research report on Monday. Royal Bank of Canada lowered their price target on shares of CAE from C$26.00 to C$23.00 and set an outperform rating for the company in a research report on Tuesday, April 7th. Scotiabank lowered their price target on shares of CAE from C$23.00 to C$22.00 in a research report on Wednesday, April 8th. Finally, BMO Capital Markets lowered their price target on shares of CAE from C$43.00 to C$21.00 in a research report on Friday, March 20th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of C$23.88.
Shares of TSE CAE opened at C$21.51 on Monday. CAE has a 1-year low of C$14.26 and a 1-year high of C$42.00. The company has a market cap of $5.43 billion and a PE ratio of 16.16. The company has a current ratio of 1.17, a quick ratio of 0.77 and a debt-to-equity ratio of 105.69. The company has a 50-day moving average of C$20.46 and a two-hundred day moving average of C$30.39.
CAE Company Profile
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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