CAE (TSE:CAE – Free Report) (NYSE:CAE) had its price objective trimmed by National Bankshares from C$34.00 to C$32.00 in a research note released on Tuesday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.
Several other research firms have also recently issued reports on CAE. Morgan Stanley increased their price target on CAE from C$35.00 to C$39.00 in a research note on Wednesday, December 20th. TD Securities decreased their price target on CAE from C$36.00 to C$34.00 and set a buy rating for the company in a research note on Thursday, February 15th. Scotiabank cut their price objective on CAE from C$31.00 to C$30.00 and set a sector perform rating for the company in a report on Thursday, February 15th. Canaccord Genuity Group cut their price objective on CAE from C$36.00 to C$34.00 and set a buy rating for the company in a report on Thursday, February 15th. Finally, CIBC cut their price objective on CAE from C$37.00 to C$32.00 and set an outperform rating for the company in a report on Thursday, February 15th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, CAE currently has a consensus rating of Moderate Buy and an average target price of C$32.80.
View Our Latest Stock Analysis on CAE
CAE Stock Performance
CAE (TSE:CAE – Get Free Report) (NYSE:CAE) last issued its quarterly earnings data on Wednesday, February 14th. The company reported C$0.24 EPS for the quarter, hitting analysts’ consensus estimates of C$0.24. The firm had revenue of C$1.09 billion during the quarter, compared to the consensus estimate of C$1.09 billion. CAE had a return on equity of 6.24% and a net margin of 6.13%. As a group, equities research analysts predict that CAE will post 1.2964371 EPS for the current year.
About CAE
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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