CAE (TSE:CAE) Given New C$38.00 Price Target at TD Securities

CAE (TSE:CAE) (NYSE:CAE) had its target price trimmed by TD Securities from C$39.00 to C$38.00 in a report published on Wednesday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

CAE has been the topic of a number of other research reports. BMO Capital Markets upped their price target on CAE from C$35.00 to C$37.00 in a research report on Thursday, August 10th. Royal Bank of Canada upped their target price on CAE from C$35.00 to C$37.00 and gave the company an outperform rating in a research report on Thursday, August 10th. National Bankshares upped their target price on CAE from C$37.00 to C$38.00 in a research report on Thursday, August 10th. CIBC upped their target price on CAE from C$37.00 to C$38.00 in a research report on Thursday, August 10th. Finally, Canaccord Genuity Group upgraded CAE from a hold rating to a buy rating and cut their target price for the company from C$36.00 to C$35.00 in a research report on Wednesday, October 25th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of Buy and a consensus price target of C$36.15.

CAE Trading Up 0.5 %

TSE CAE opened at C$28.84 on Wednesday. The business’s 50-day moving average price is C$30.58 and its two-hundred day moving average price is C$30.11. CAE has a 12 month low of C$25.44 and a 12 month high of C$33.87. The firm has a market capitalization of C$9.18 billion, a PE ratio of 30.68, a price-to-earnings-growth ratio of 1.76 and a beta of 1.97. The company has a current ratio of 0.94, a quick ratio of 0.71 and a debt-to-equity ratio of 71.38.

CAE Company Profile

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.