CAE (TSE:CAE) Given New C$43.00 Price Target at CIBC
CAE (TSE:CAE) (NYSE:CAE) had its price target hoisted by CIBC from C$41.00 to C$43.00 in a research note issued to investors on Monday, BayStreet.CA reports.
Other equities research analysts have also issued research reports about the stock. Raymond James reiterated a market perform rating and issued a C$34.00 price objective on shares of CAE in a research note on Thursday, November 14th. BMO Capital Markets increased their price objective on shares of CAE from C$38.00 to C$43.00 in a research note on Monday. National Bank Financial increased their price objective on shares of CAE from C$37.00 to C$42.00 and gave the company a sector perform rating in a research note on Thursday, January 30th. Scotiabank increased their price objective on shares of CAE from C$42.00 to C$43.00 in a research note on Monday. Finally, Royal Bank of Canada increased their price objective on shares of CAE from C$41.00 to C$45.00 and gave the company an outperform rating in a research note on Monday. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of C$41.38.
TSE:CAE opened at C$40.65 on Monday. The company has a debt-to-equity ratio of 105.69, a quick ratio of 0.77 and a current ratio of 1.17. The firm has a market cap of $10.82 billion and a price-to-earnings ratio of 30.54. CAE has a 52 week low of C$27.32 and a 52 week high of C$42.00. The firm has a 50-day moving average price of C$38.19 and a two-hundred day moving average price of C$35.14.
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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