Time to Buy Cae Inc After Today’s Huge Increase?

 Time to Buy Cae Inc After Today's Huge Increase?

The stock of Cae Inc (TSE:CAE) is a huge mover today! About 57,961 shares traded hands. Cae Inc (TSE:CAE) has risen 33.99% since April 19, 2016 and is uptrending. It has outperformed by 28.66% the S&P500.
The move comes after 9 months positive chart setup for the $5.31B company. It was reported on Nov, 23 by Barchart.com. We have $21.58 PT which if reached, will make TSE:CAE worth $477.90 million more.

Cae Inc (TSE:CAE) Ratings Coverage

Out of 9 analysts covering CAE Inc. (TSE:CAE), 3 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 33% are positive. $21.50 is the highest target while $15 is the lowest. The $19.39 average target is -2.07% below today’s ($19.8) stock price. CAE Inc. has been the topic of 23 analyst reports since November 5, 2015 according to StockzIntelligence Inc. As per Friday, November 11, the company rating was maintained by TD Securities. The firm earned “Hold” rating on Friday, November 4 by TD Securities. The firm has “Neutral” rating given on Friday, August 12 by Macquarie Research.

CAE Inc. provides training for the civil aviation, defense and security, and healthcare markets. The company has a market cap of $5.31 billion. The Firm creates and integrates training solutions. It has a 22.62 P/E ratio. It operates through three divisions: Civil Aviation Training Solutions, Defense and Security, and Healthcare.

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