CAE (TSE:CAE) Given New C$32.00 Price Target at National Bankshares

CAE (TSE:CAE) (NYSE:CAE) had its price target decreased by analysts at National Bankshares from C$34.00 to C$32.00 in a research note issued to investors on Tuesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price target would indicate a potential upside of 22.89% from the stock’s previous close.

Other analysts have also issued research reports about the stock. TD Securities lowered their price target on shares of CAE from C$36.00 to C$34.00 and set a “buy” rating for the company in a report on Thursday, February 15th. CIBC lowered their price target on shares of 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 target on shares of CAE from C$35.00 to C$39.00 in a report on Wednesday, December 20th. Canaccord Genuity Group lowered their price target on shares of CAE from C$36.00 to C$34.00 and set a “buy” rating for the company in a report on Thursday, February 15th. Finally, Scotiabank lowered their price target on shares of 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. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$32.80.

CAE Stock Performance

TSE CAE opened at C$26.04 on Tuesday. The firm has a market cap of C$8.29 billion, a price-to-earnings ratio of 30.28, a PEG ratio of 1.76 and a beta of 1.91. The company has a 50 day moving average of C$26.71 and a 200-day moving average of C$27.95. The company has a current ratio of 0.90, a quick ratio of 0.71 and a debt-to-equity ratio of 67.89. CAE has a 1-year low of C$24.75 and a 1-year high of C$33.87.

CAE (TSE:CAE) (NYSE:CAE) last posted its quarterly earnings data on Wednesday, February 14th. The company reported C$0.24 earnings per share for the quarter, hitting the consensus estimate of C$0.24. The company had revenue of C$1.09 billion during the quarter, compared to analyst estimates of C$1.09 billion. CAE had a net margin of 6.13% and a return on equity of 6.24%. On average, equities analysts forecast that CAE will post 1.2964371 earnings per share for the current fiscal year.

CAE Company Profile

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.