CAE (TSE:CAE) (NYSE:CAE) had its price objective upped by Scotiabank from C$24.00 to C$24.25 in a research note published on Monday, February 12th. They currently have an outperform rating on the stock.
Several other equities research analysts have also recently weighed in on CAE. Royal Bank of Canada upped their target price on CAE from C$23.00 to C$24.00 and gave the stock a sector perform rating in a report on Monday, November 6th. CIBC upped their target price on CAE from C$23.00 to C$24.00 in a report on Thursday, November 2nd. Raymond James Financial decreased their price objective on CAE from C$22.00 to C$21.00 and set a market perform rating for the company in a research note on Monday, November 13th. Finally, Desjardins upped their price objective on CAE from C$25.00 to C$27.00 in a research note on Monday, November 13th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. CAE presently has an average rating of Buy and an average price target of C$24.03.
Shares of CAE (CAE) opened at C$23.27 on Monday. The stock has a market capitalization of $6,260.00, a P/E ratio of 19.89 and a beta of 0.38. CAE has a 12 month low of C$19.44 and a 12 month high of C$23.96.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Thursday, March 15th will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.55%. The ex-dividend date is Wednesday, March 14th. CAE’s dividend payout ratio (DPR) is 29.06%.
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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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