Somewhat Positive Press Coverage Somewhat Unlikely to Affect CAE (CAE) Share Price
Media stories about CAE (NYSE:CAE) (TSE:CAE) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. CAE earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the aerospace company an impact score of 47.547647255406 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Computer Aided Engineering (CAE) Market : Size, Industry Analysis and Forecast 2025 (sbwire.com)
- Watch What It’s Like to ‘Fly’ an A330 Full-Motion Flight Simulator (thepointsguy.com)
- World Mannequin-Based Simulation Market – Opportunities & Forecasts to 2022 – Research and Markets (businesswire.com)
- ETFs with exposure to CAE, Inc. : December 8, 2017 (finance.yahoo.com)
- Motion Simulation Market Key Player 2017–Siemens AG, CAE Inc … – MilTech (military-technologies.net)
Shares of CAE (NYSE:CAE) traded down $0.03 during trading on Monday, reaching $17.43. 273,556 shares of the company were exchanged, compared to its average volume of 241,609. The company has a market capitalization of $4,660.00, a P/E ratio of 22.39, a price-to-earnings-growth ratio of 2.08 and a beta of 0.87. CAE has a 12 month low of $13.75 and a 12 month high of $18.25. The company has a current ratio of 1.69, a quick ratio of 1.34 and a debt-to-equity ratio of 0.55.
A number of research firms have recently commented on CAE. ValuEngine cut shares of CAE from a “buy” rating to a “hold” rating in a report on Thursday, November 30th. Zacks Investment Research cut shares of CAE from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. AltaCorp Capital reiterated a “hold” rating and set a $21.00 price target on shares of CAE in a report on Sunday, November 12th. BMO Capital Markets upgraded shares of CAE from a “market perform” rating to an “outperform” rating and set a $23.00 price target on the stock in a report on Wednesday, August 30th. They noted that the move was a valuation call. Finally, BidaskClub cut shares of CAE from a “sell” rating to a “strong sell” rating in a report on Friday, August 25th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $21.33.
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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