Cae Inc (TSE:CAE) (NYSE:CAE) had its price target lowered by Raymond James Financial, Inc. from C$22.00 to C$21.00 in a report released on Monday. Raymond James Financial, Inc. currently has a market perform rating on the stock.
Other equities research analysts have also recently issued reports about the company. Desjardins increased their price objective on Cae from C$25.00 to C$27.00 in a research report on Monday. CIBC increased their price objective on Cae from C$23.00 to C$24.00 in a research report on Thursday, November 2nd. TD Securities increased their price objective on Cae from C$22.00 to C$23.00 and gave the company a hold rating in a research report on Friday, August 11th. Scotiabank increased their target price on Cae from C$23.00 to C$24.00 and gave the company an outperform rating in a report on Monday. Finally, BMO Capital Markets raised Cae from a market perform rating to an outperform rating and set a C$23.00 target price on the stock in a report on Wednesday, August 30th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of C$23.75.
Cae (TSE CAE) traded up C$0.24 during trading on Monday, hitting C$22.37. The company had a trading volume of 484,356 shares, compared to its average volume of 517,340. Cae has a 12 month low of C$18.35 and a 12 month high of C$23.39.
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In related news, insider Nick Leontidis acquired 4,000 shares of the firm’s stock in a transaction dated Friday, September 29th. The shares were purchased at an average price of C$21.83 per share, with a total value of C$87,320.00.
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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