CAE (TSE:CAE – Free Report) (NYSE:CAE) had its price target decreased by National Bankshares from C$34.00 to C$32.00 in a report released on Tuesday, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.
CAE has been the subject of a number of other reports. Desjardins lowered their target price on CAE from C$35.00 to C$30.00 and set a buy rating for the company in a report on Thursday, February 15th. Scotiabank lowered their target price 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. CIBC lowered their target price 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. Morgan Stanley raised their price objective on CAE from C$35.00 to C$39.00 in a research note on Wednesday, December 20th. Finally, TD Securities reduced their price objective 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. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average target price of C$32.80.
Get Our Latest Stock Analysis on CAE
CAE Price Performance
CAE (TSE:CAE – Get Free Report) (NYSE:CAE) last issued its earnings results on Wednesday, February 14th. The company reported C$0.24 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.24. The business 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 anticipate that CAE will post 1.2964371 earnings per share 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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