The stock of Cae Inc (TSE:CAE) is a huge mover today! About 65,698 shares traded hands. Cae Inc (TSE:CAE) has risen 27.10% since March 14, 2016 and is uptrending. It has outperformed by 21.55% the S&P500.
The move comes after 6 months negative chart setup for the $5.19B company. It was reported on Oct, 19 by Barchart.com. We have $17.99 PT which if reached, will make TSE:CAE worth $259.50 million less.
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. CAE Inc. has been the topic of 19 analyst reports since November 5, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating given on Friday, August 12 by Macquarie Research.
More important 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 published article titled: “Bullish on CAE Inc.”, 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) was released by: Business.Financialpost.com and their article: “CAE signs $100 million in contracts with U.K. and Canadian militaries” with publication date: July 07, 2016.
CAE Inc. provides training for the civil aviation, defense and security, and healthcare markets. The company has a market cap of $5.19 billion. The Firm creates and integrates training solutions. It has a 19.41 P/E ratio. It operates through three divisions: Civil Aviation Training Solutions, Defense and Security, and Healthcare.
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