CAE (TSE:CAE) Price Target Raised to C$39.00 at TD Securities

CAE (TSE:CAE) (NYSE:CAE) had its target price upped by equities research analysts at TD Securities from C$35.00 to C$39.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. TD Securities’ price objective would suggest a potential upside of 3.28% from the stock’s current price.

Several other research firms have also issued reports on CAE. Royal Bank of Canada boosted their price target on shares of CAE from C$34.00 to C$38.00 in a research report on Wednesday, January 15th. Scotiabank upped their price objective on shares of CAE from C$30.00 to C$32.50 in a research note on Thursday, November 14th. CIBC upped their price objective on shares of CAE from C$37.00 to C$39.00 in a research note on Tuesday. Desjardins raised shares of CAE from a “hold” rating to a “buy” rating and increased their price target for the company from C$32.00 to C$40.00 in a research report on Monday, December 30th. Finally, Cibc World Mkts cut shares of CAE from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of C$36.94.

CAE Stock Down 0.6 %

Shares of CAE stock traded down C$0.23 during trading hours on Tuesday, reaching C$37.76. The company’s stock had a trading volume of 651,303 shares, compared to its average volume of 629,844. The company has a debt-to-equity ratio of 74.04, a quick ratio of 0.71 and a current ratio of 0.84. The stock’s fifty day simple moving average is C$34.61 and its two-hundred day simple moving average is C$29.16. CAE has a one year low of C$22.28 and a one year high of C$39.17. The company has a market capitalization of C$12.07 billion, a P/E ratio of -36.21, a P/E/G ratio of 1.76 and a beta of 1.91.

CAE Company Profile

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.