Weekly Analysts’ Ratings Updates for CAE (CAE)

CAE (TSE: CAE) has recently received a number of price target changes and ratings updates:

• 11/14/2024 – CAE had its price target raised by analysts at TD Securities from C$33.00 to C$34.00. They now have a “buy” rating on the stock.
• 11/14/2024 – CAE had its price target raised by analysts at Canaccord Genuity Group Inc. from C$28.00 to C$30.00.
• 11/14/2024 – CAE had its price target raised by analysts at CIBC from C$30.00 to C$33.00.
• 11/14/2024 – CAE had its price target raised by analysts at Royal Bank of Canada from C$27.00 to C$34.00.
• 11/14/2024 – CAE had its price target raised by analysts at Scotiabank from C$30.00 to C$32.50.
• 11/13/2024 – CAE had its price target raised by analysts at National Bankshares, Inc. from C$30.00 to C$34.00.
• 11/1/2024 – CAE had its price target raised by analysts at Scotiabank from C$29.00 to C$30.00. They now have a “sector perform” rating on the stock.

CAE Stock Performance

Shares of CAE stock traded up C$0.63 on Monday, hitting C$32.62. The company had a trading volume of 623,917 shares, compared to its average volume of 645,040. CAE Inc. has a twelve month low of C$22.28 and a twelve month high of C$32.78. The company has a quick ratio of 0.71, a current ratio of 0.89 and a debt-to-equity ratio of 74.24. The firm has a market cap of C$10.40 billion, a P/E ratio of -30.49, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91. The company has a 50-day moving average price of C$26.25 and a 200-day moving average price of C$25.65.

CAE Inc, together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, Oceania and Africa, and Rest of Americas. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare.