RBC Capital Reaffirms Their Hold Rating on CAE Inc.

Markets

Yesterday, an analyst has provided a rating update for the Consumer Goods sector company, CAE Inc. (TSX: CAE). Analyst Matt Barasch from RBC Capital reiterated a Hold rating, with a C$23 price target.

CAE Inc. has an analyst consensus of Moderate Buy, with a price target consensus of C$22.67.

The company has a one year high of C$22.86 and a one year low of C$17.54. Currently, CAE Inc. has an average volume of 521.9K.

CAE, Inc. engages in the provision of simulation and modeling technologies and training services to the civil aviation, defense, healthcare, and mining markets. It operates through the following segments: Civil Aviation Training Solutions, Defence & Security and Healthcare.

The company’s shares closed on Tuesday at C$21.70.

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