Cae’s (CAE) “Sector Perform” Rating Reiterated at Royal Bank Of Canada
Royal Bank Of Canada reissued their sector perform rating on shares of Cae Inc (TSE:CAE) (NYSE:CAE) in a research report report published on Friday morning, StockTargetPrices.com reports. The firm currently has a C$20.00 price objective on the stock.
CAE has been the topic of a number of other reports. TD Securities restated a hold rating and set a C$20.00 target price on shares of Cae in a research report on Tuesday, February 7th. National Bank Financial raised their target price on shares of Cae from C$19.00 to C$21.50 and gave the stock an outperform rating in a research report on Friday, November 11th. CIBC raised their target price on shares of Cae from C$19.00 to C$21.50 and gave the stock a sector perform rating in a research report on Friday, November 11th. Finally, Scotiabank raised their target price on shares of Cae from C$18.50 to C$21.00 and gave the stock a sector perform rating in a research report on Friday, November 11th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of C$19.98.
Shares of Cae (TSE:CAE) traded up 0.94% during midday trading on Friday, hitting $20.43. 870,611 shares of the stock were exchanged. Cae has a 12-month low of $14.34 and a 12-month high of $20.72. The firm has a market cap of $5.54 billion and a PE ratio of 22.60. The firm has a 50-day moving average price of $18.74 and a 200 day moving average price of $18.74.
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Cae Company Profile
CAE Inc provides training for the civil aviation, defense and security, and healthcare markets. The Company designs and integrates training solutions. It operates through three segments: Civil Aviation Training Solutions, Defense and Security, and Healthcare. The Company provides training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a range of flight simulation training devices, as well as ab initio pilot training and crew sourcing services.
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