The stock of Cae Inc (TSE:CAE) is a huge mover today! About 98,825 shares traded hands. Cae Inc (TSE:CAE) has risen 25.35% since March 11, 2016 and is uptrending. It has outperformed by 19.87% the S&P500.
The move comes after 8 months positive chart setup for the $5.12B company. It was reported on Oct, 18 by Barchart.com. We have $32.03 PT which if reached, will make TSE:CAE worth $3.53B more.
Cae Inc (TSE:CAE) Ratings Coverage
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 -0.32% below today’s ($18.95) stock price. CAE Inc. has been the topic of 19 analyst reports since November 5, 2015 according to StockzIntelligence Inc. The rating was downgraded by Macquarie Research to “Neutral” on Friday, August 12.
More notable recent Cae Inc (TSE:CAE) news were published by: Business.Financialpost.com which released: “CAE Inc hikes dividend 7% amid record $6.5-billion backlog” on August 10, 2016, also Theglobeandmail.com with their article: “Bullish on CAE Inc.” published on July 15, 2016, Business.Financialpost.com published: “CAE Inc sees a healthy future in medical simulators, designs high-tech …” on June 23, 2016. More interesting news about Cae Inc (TSE:CAE) were released by: Business.Financialpost.com and their article: “CAE signs $100 million in contracts with U.K. and Canadian militaries” published on July 07, 2016 as well as Twst.com‘s news article titled: “CAE Inc.: CAE extends Multi-Crew Pilot License (MPL) First Officer Program …” with publication date: August 30, 2016.
CAE Inc. provides training for the civil aviation, defense and security, and healthcare markets. The company has a market cap of $5.12 billion. The Firm creates and integrates training solutions. It has a 19.42 P/E ratio. It operates through three divisions: Civil Aviation Training Solutions, Defense and Security, and Healthcare.
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