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

CAE (TSE:CAE) (NYSE:CAE) had its target price boosted by TD Securities from C$35.00 to C$39.00 in a research report released on Tuesday morning,BayStreet.CA reports. TD Securities currently has a hold rating on the stock.

Other equities analysts have also recently issued research reports about the company. Canaccord Genuity Group raised their target price on CAE from C$28.00 to C$30.00 in a report on Thursday, November 14th. CIBC increased their price target on shares of CAE from C$37.00 to C$39.00 in a research report on Tuesday. Cibc World Mkts cut shares of CAE from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. National Bankshares lowered shares of CAE from an “outperform” rating to a “sector perform” rating and increased their target price for the stock from C$34.00 to C$38.00 in a report on Thursday, January 30th. Finally, BMO Capital Markets lifted their price target on shares of CAE from C$38.00 to C$39.00 in a research report on Friday, February 14th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, CAE has an average rating of “Hold” and an average price target of C$36.94.

CAE Stock Performance

Shares of TSE:CAE opened at C$36.12 on Tuesday. The business has a 50-day moving average price of C$34.83 and a two-hundred day moving average price of C$29.38. CAE has a 1-year low of C$22.28 and a 1-year high of C$39.17. The stock has a market capitalization of C$11.55 billion, a P/E ratio of -34.64, a P/E/G ratio of 1.76 and a beta of 1.91. The company has a current ratio of 0.84, a quick ratio of 0.71 and a debt-to-equity ratio of 74.04.

About CAE

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.