CAE Inc. with ticker code (CAE) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 34 and 27.82 with the average target price sitting at 31.16. Now with the previous closing price of 26.24 this now indicates there is a potential upside of 18.8%. There is a 50 day moving average of 25.71 and the 200 moving average now moves to 27.38. The company has a market cap of $7,562m. Visit the company website at: https://www.cae.com
The potential market cap would be $8,980m based on the market concensus.
CAE Inc., together with its subsidiaries, designs, manufactures, and supplies simulation equipment and training solutions to defense and security markets, commercial airlines, business aircraft operators, helicopter operators, aircraft manufacturers, and healthcare education and service providers worldwide. The company’s Civil Aviation Training Solutions segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services, as well as end to end digitally-enabled crew management, training operations solutions, and optimization software. Its Defence and Security segment offers training and mission support solutions for defense forces across multi-domain operations, and for government organizations responsible for public safety. The company’s Healthcare segment provides integrated education and training solutions, including surgical and imaging simulations, curriculum, audiovisual and centre management platforms, and patient simulators to healthcare students and clinical professionals. It has a strategic partnership with Volocopter GmbH to develop, certify, and deploy a pilot training program for electric vertical takeoff and landing operations. The company was formerly known as CAE Industries Ltd. and changed its name to CAE Inc. in June 1993. CAE Inc. was founded in 1947 and is headquartered in Saint-Laurent, Canada.
