What’s Cae Inc Upside After Today’s Huge Increase?


The stock of Cae Inc (TSE:CAE) is a huge mover today! The stock last traded at $18.23 per share. It is down 28.76% since February 5, 2016 and is uptrending. It has outperformed by 12.27% the S&P500.
The move comes after 6 months positive chart setup for the $4.98 billion company. It was reported on Sep, 13 by Barchart.com. We have $22.79 PT which if reached, will make TSE:CAE worth $1.25 billion more.

Out of 8 analysts covering CAE Inc. (TSE:CAE), 2 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 25% are positive. $21 is the highest target while $15 is the lowest. The $18.89 average target is 3.62% above today’s ($18.23) stock price. CAE Inc. has been the topic of 19 analyst reports since November 5, 2015 according to StockzIntelligence Inc.

CAE Inc. provides training for the civil aviation, defense and security, and healthcare markets. The company has a market cap of $4.98 billion. The Firm creates and integrates training solutions. It has a 18.68 P/E ratio. It operates through three divisions: Civil Aviation Training Solutions, Defense and Security, and Healthcare.

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