The Cae Inc (CAE) PT Raised to C$25.00

The Cae Inc (CAE) PT Raised to C$25.00

Several other equities analysts have also weighed in on the company. National Bank Financial raised their target price on Cae from C$23.00 to C$24.00 and gave the company an “outperform” rating in a report on Thursday. Royal Bank of Canada raised their target price on Cae from C$20.00 to C$22.00 and gave the company a “sector perform” rating in a report on Wednesday, May 24th. TD Securities restated a “hold” rating and set a C$20.00 target price on shares of Cae in a report on Tuesday, February 7th. Scotiabank upgraded Cae from a “sector perform” rating to an “outperform” rating and raised their target price for the company from C$21.00 to C$22.00 in a report on Wednesday, February 15th. Finally, Raymond James Financial, Inc. raised their target price on Cae from C$20.00 to C$20.75 and gave the company a “market perform” rating in a report on Wednesday, February 15th. Seven analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of C$22.39.

Cae Inc (TSE:CAE) (NYSE:CAE) had its target price boosted by equities researchers at Desjardins from C$23.00 to C$25.00 in a report issued on Thursday. Desjardins’ price target indicates a potential upside of 14.00% from the stock’s current price.

Shares of Cae (CAE) opened at 21.93 on Thursday. The firm’s 50-day moving average price is $21.30 and its 200 day moving average price is $19.88. The firm has a market capitalization of $5.88 billion and a price-to-earnings ratio of 24.31. Cae has a 52 week low of $15.40 and a 52 week high of $22.32.

Cae (TSE:CAE) last released its quarterly earnings data on Wednesday, May 31st. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.03. The firm had revenue of $734.70 million for the quarter, compared to analyst estimates of $745 million. On average, analysts anticipate that Cae will post $1.08 EPS for the current year. The business also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Friday, June 30th will be issued a dividend of $0.08 per share. The ex-dividend date is Tuesday, June 13th. This represents a $0.32 annualized dividend and a yield of 1.46%.

Cae (TSE:CAE) last released its quarterly earnings data on Wednesday, May 31st. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.03. The firm had revenue of $734.70 million for the quarter, compared to analyst estimates of $745 million. On average, analysts anticipate that Cae will post $1.08 EPS for the current year. In other Cae news, Director Katharine Berghuis Stevenson sold 15,000 shares of the firm’s stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of C$21.94, for a total transaction of C$329,100.00.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:CAE”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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