Several other equities analysts also recently weighed in on CAE. CIBC lifted their price target on shares of CAE from C$23.00 to C$24.00 in a report on Thursday, November 2nd. Royal Bank of Canada lifted their price target on shares of CAE from C$23.00 to C$24.00 and gave the company a sector perform rating in a report on Monday, November 6th. Desjardins lifted their price target on shares of CAE from C$25.00 to C$27.00 in a report on Monday, November 13th. Finally, Raymond James Financial lowered their price target on shares of CAE from C$22.00 to C$21.00 and set a market perform rating on the stock in a report on Monday, November 13th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of C$24.03.
CAE (CAE) opened at C$23.10 on Monday. CAE has a 1-year low of C$19.25 and a 1-year high of C$23.67. The firm has a market cap of $6,280.00, a P/E ratio of 19.74 and a beta of 0.38.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Thursday, March 15th will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.56%. The ex-dividend date is Wednesday, March 14th. CAE’s payout ratio is currently 29.06%.
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.
Receive News & Ratings for CAE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CAE and related companies with MarketBeat.com's FREE daily email newsletter.