CAE (TSE:CAE – Free Report) (NYSE:CAE) had its price target reduced by Desjardins from C$37.00 to C$35.00 in a research report sent to investors on Wednesday, BayStreet.CA reports. They currently have a buy rating on the stock. Desjardins also issued estimates for CAE’s Q3 2024 earnings at $0.26 EPS, Q4 2024 earnings at $0.44 EPS and FY2025 earnings at $1.44 EPS.
A number of other equities research analysts also recently issued reports on the stock. National Bankshares reduced their price target on shares of CAE from C$38.00 to C$36.00 and set an outperform rating on the stock in a research note on Wednesday. Royal Bank of Canada cut their target price on shares of CAE from C$37.00 to C$34.00 and set an outperform rating on the stock in a research note on Wednesday. Scotiabank cut their target price on shares of CAE from C$38.00 to C$36.50 and set an outperform rating on the stock in a research note on Wednesday. BMO Capital Markets upped their target price on shares of CAE from C$35.00 to C$37.00 in a research note on Thursday, August 10th. Finally, CIBC boosted their price target on shares of CAE from C$37.00 to C$38.00 in a report on Thursday, August 10th. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of Buy and a consensus target price of C$36.15.
CAE Price Performance
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.
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