Scotiabank Increases CAE (TSE:CAE) Price Target to C$32.50

CAE (TSE:CAE) (NYSE:CAE) had its price target raised by Scotiabank from C$30.00 to C$32.50 in a research note published on Thursday,BayStreet.CA reports.

Other equities analysts have also issued reports about the stock. BMO Capital Markets cut their price objective on shares of CAE from C$34.00 to C$33.00 in a research report on Thursday, July 18th. Canaccord Genuity Group decreased their price target on shares of CAE from C$28.50 to C$27.00 in a report on Thursday, August 15th. National Bankshares lifted their price objective on CAE from C$30.00 to C$34.00 in a research note on Wednesday, November 13th. Royal Bank of Canada upgraded shares of CAE from a “hold” rating to a “moderate buy” rating in a research report on Thursday, August 15th. Finally, TD Securities boosted their price target on shares of CAE from C$33.00 to C$34.00 and gave the stock a “buy” rating in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of C$32.35.

CAE Price Performance

Shares of TSE:CAE opened at C$30.67 on Thursday. The firm has a market capitalization of C$9.78 billion, a PE ratio of -28.66, a P/E/G ratio of 1.76 and a beta of 1.91. The company has a quick ratio of 0.71, a current ratio of 0.89 and a debt-to-equity ratio of 74.24. The company has a 50-day moving average price of C$25.49 and a two-hundred day moving average price of C$25.49. CAE has a twelve month low of C$22.28 and a twelve month high of C$31.08.

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.