Analysts Set CAE Inc. (NYSE:CAE) Price Target at $25.00

CAE Inc. (NYSE:CAE) (TSE:CAE) has received an average recommendation of “Hold” from the nine research firms that are covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $25.00.

Several equities research analysts have issued reports on CAE shares. Desjardins upgraded CAE from a “hold” rating to a “buy” rating in a research report on Monday, December 23rd. Cibc World Mkts downgraded CAE from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. TD Securities lowered CAE from a “buy” rating to a “hold” rating in a report on Monday. Finally, StockNews.com raised shares of CAE from a “hold” rating to a “buy” rating in a report on Thursday, November 14th.

Institutional Investors Weigh In On CAE

Several hedge funds have recently bought and sold shares of CAE. JARISLOWSKY FRASER Ltd boosted its stake in CAE by 1.3% in the second quarter. JARISLOWSKY FRASER Ltd now owns 22,249,466 shares of the aerospace company’s stock worth $413,168,000 after buying an additional 284,768 shares in the last quarter. Brandes Investment Partners LP raised its position in CAE by 103.8% in the 2nd quarter. Brandes Investment Partners LP now owns 11,071,485 shares of the aerospace company’s stock worth $206,027,000 after purchasing an additional 5,640,269 shares during the period. National Bank of Canada FI lifted its stake in CAE by 13.4% in the third quarter. National Bank of Canada FI now owns 6,235,627 shares of the aerospace company’s stock worth $117,023,000 after purchasing an additional 736,895 shares during the last quarter. Bank of Montreal Can boosted its position in CAE by 1.6% during the third quarter. Bank of Montreal Can now owns 5,057,860 shares of the aerospace company’s stock valued at $93,446,000 after buying an additional 77,489 shares during the period. Finally, Earnest Partners LLC purchased a new position in shares of CAE in the second quarter worth about $82,597,000. 67.36% of the stock is currently owned by institutional investors.

CAE Stock Performance

Shares of CAE stock opened at $23.63 on Monday. CAE has a 12 month low of $15.95 and a 12 month high of $25.53. The stock has a market capitalization of $7.53 billion, a P/E ratio of -30.69, a PEG ratio of 1.73 and a beta of 1.72. The company has a current ratio of 0.84, a quick ratio of 0.59 and a debt-to-equity ratio of 0.62. The firm’s 50 day moving average is $22.68 and its 200 day moving average is $19.74.

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, the Oceania, Africa, and Rest of the Americas. It operates through two segments, Civil Aviation; and Defense and Security. The Civil Aviation segment offers training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; a range of flight simulation training devices; and ab initio pilot training and crew sourcing services, as well as aircraft flight operations solutions.