Cae Inc Stock Price Hits All-Time High Today

 Cae Inc Stock Price Hits All Time High Today

The stock of Cae Inc (TSE:CAE) reached all time high today, Nov, 3 and still has $25.23 target or 32.00% above today’s $19.11 share price. This indicates more upside for the $5.15 billion company. This technical setup was reported by Barchart.com. If the $25.23 PT is reached, the company will be worth $1.65B more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 314,537 shares traded hands. Cae Inc (TSE:CAE) has risen 22.98% since March 30, 2016 and is uptrending. It has outperformed by 21.77% the S&P500.

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 -1.15% below today’s ($19.11) 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 important recent Cae Inc (TSE:CAE) news were published by: Theglobeandmail.com which released: “Bullish on CAE Inc.” on July 15, 2016, also Business.Financialpost.com published article titled: “CAE Inc hikes dividend 7% amid record $6.5-billion backlog”, 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 $5.15 billion. The Firm creates and integrates training solutions. It has a 19.58 P/E ratio. It operates through three divisions: Civil Aviation Training Solutions, Defense and Security, and Healthcare.

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