The stock of Cae Inc (TSE:CAE) is a huge mover today! About 56,121 shares traded hands. Cae Inc (TSE:CAE) has risen 26.35% since April 1, 2016 and is uptrending. It has outperformed by 24.40% the S&P500.
The move comes after 6 months positive chart setup for the $5.22B company. It was reported on Nov, 8 by Barchart.com. We have $26.04 PT which if reached, will make TSE:CAE worth $1.93 billion 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 -0.63% below today’s ($19.01) stock price. CAE Inc. has been the topic of 20 analyst reports since November 5, 2015 according to StockzIntelligence Inc. TD Securities maintained the stock with “Hold” rating in Friday, November 4 report. The company was downgraded on Friday, August 12 by Macquarie Research.
More 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 the news titled: “Bullish on CAE Inc.” on July 15, 2016. Business.Financialpost.com‘s news article titled: “CAE signs $100 million in contracts with U.K. and Canadian militaries” with publication date: July 07, 2016 was also an interesting one.
CAE Inc. provides training for the civil aviation, defense and security, and healthcare markets. The company has a market cap of $5.22 billion. The Firm creates and integrates training solutions. It has a 19.48 P/E ratio. It operates through three divisions: Civil Aviation Training Solutions, Defense and Security, and Healthcare.
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