CIBC analyst Kevin Chiang maintained a Purchase ranking on CAE (CAE – Analysis Report) on February 15 and set a value goal of C$32.00. The corporate’s shares closed final Friday at $19.01.
Chiang covers the Industrials sector, specializing in shares similar to Canadian Nationwide Railway, Canadian Pacific, and Bombardier. In response to TipRanks, Chiang has a mean return of 4.2% and a 55.90% success charge on really helpful shares.
Along with CIBC, CAE additionally acquired a Purchase from TD Securities’s Tim James in a report issued on February 15. Nevertheless, on the identical day, Scotiabank maintained a Maintain ranking on CAE (NYSE: CAE).
See the highest shares really helpful by analysts >>
CAE market cap is at the moment $6.05B and has a P/E ratio of 29.30.
Primarily based on the latest company insider exercise of 11 insiders, company insider sentiment is constructive on the inventory. Which means that over the previous quarter there was a rise of insiders shopping for their shares of CAE in relation to earlier this 12 months.
TipRanks has tracked 36,000 firm insiders and located that a couple of of them are higher than others in the case of timing their transactions. See which 3 shares are most definitely to make strikes following their insider actions.
CAE (CAE) Firm Description:
CAE, Inc. engages within the provision of coaching and growth of built-in coaching options for the defence and safety markets, industrial airways, enterprise plane operators, helicopter operators, plane producers, and healthcare schooling and repair suppliers. It operates by way of the next segments: Civil Aviation Coaching Options, Defence and Safety, and Healthcare. The Civil Aviation Coaching Options section presents coaching options for flight, cabin, upkeep and floor personnel in industrial, enterprise and helicopter aviation, an entire vary of flight simulation coaching gadgets, in addition to ab initio pilot coaching and crew sourcing providers. The Defence and Safety section contains coaching techniques integrator for defence forces throughout the air, land and naval domains, and for presidency organizations chargeable for public security. The Healthcare section designs and manufactures simulators, audiovisual options, and courseware for coaching of medical and allied healthcare college students and clinicians in instructional establishments, hospitals and defence organizations. The corporate was based by Kenneth R. Patrick on March 17, 1947 and is headquartered in Montreal, Canada.
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