Analyst Revises CAE Inc (NYSE:CAE) Stock Target


CAE Inc (NYSE:CAE) mean price target has been set at $14.2400 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.2000 in the near-term quarter and $0.9300 for the ongoing fiscal. The market cap of CAE Inc. Ordinary Shares was recorded at $3.31B after the stock closed at $12.2998 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. CAE Inc (NYSE:CAE) has a P/E ratio of 18.6079. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. CAE Inc (NYSE:CAE) PEG ratio sits at 1.4500. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of CAE Inc. Ordinary Shares visibly illustrates that the 50-day MA of CAE Inc. Ordinary Shares is $12.4563, and stock is trading -0.1565 or -1.2564% distant from $12.4563. The 200-day MA is $11.3915, and this price is $0.9083 or +7.9735% off from current level. CAE Inc (NYSE:CAE) 52-week high is $13.2700 and the 52-week low is $9.3400. This represents that if the stock moves $-0.9702 points up on the chart to make a 52-week high. But, if it declines $+31.6895%, then the shares price can hit a new 52-week low.

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