CAE (TSE:CAE – Get Free Report) (NYSE:CAE) was downgraded by equities research analysts at National Bank Financial from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports. National Bank Financial also issued estimates for CAE’s FY2025 earnings at $1.21 EPS and FY2026 earnings at $1.42 EPS.
Other research analysts have also recently issued reports about the company. Scotiabank lifted their price objective on CAE from C$30.00 to C$32.50 in a report on Thursday, November 14th. CIBC lifted their price target on shares of CAE from C$33.00 to C$37.00 and gave the company a “neutral” rating in a report on Monday, December 23rd. National Bankshares upped their price objective on shares of CAE from C$30.00 to C$34.00 in a research note on Wednesday, November 13th. Royal Bank of Canada lifted their target price on shares of CAE from C$34.00 to C$38.00 in a research note on Wednesday, January 15th. Finally, Canaccord Genuity Group boosted their target price on CAE from C$28.00 to C$30.00 in a report on Thursday, November 14th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of C$35.56.
CAE Stock Performance
CAE (TSE:CAE – Get Free Report) (NYSE:CAE) last released its quarterly earnings data on Tuesday, November 12th. The company reported C$0.24 earnings per share for the quarter, beating the consensus estimate of C$0.18 by C$0.06. CAE had a negative return on equity of 7.43% and a negative net margin of 7.39%. During the same period last year, the company posted $0.27 EPS.
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.
Featured Stories
- Five stocks we like better than CAE
- ESG Stocks, What Investors Should Know
- DigitalOcean’s AI Potential: A Game-Changer for Growth
- Buy P&G Now, Before It Sets A New All-Time High
- Supercharge Your Portfolio With These 3 Key Stocks
- How to Use Stock Screeners to Find Stocks
- Tide Shifts for 3M: How to Profit from the Rally
Receive News & Ratings for CAE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CAE and related companies with MarketBeat.com's FREE daily email newsletter.