Top25-SA-Banner

Scotiabank Reaffirms Their Buy Rating on CAE Inc (CAE)


According to The Fly, scotiabank analyst Turan Quettawala reiterated a Buy rating on CAE Inc (CAE) yesterday. The company’s shares closed yesterday at $20.27.

According to TipRanks.com, Quettawala is a 3-star analyst with an average return of 1.9% and a 62.4% success rate. Quettawala covers the Services sector, focusing on stocks such as WestJet Airlines Ltd, Union Pacific Corp, and Canadian Railway.

CAE Inc has an analyst consensus of Moderate Buy.

See today’s analyst top recommended stocks >>

Based on CAE Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $46.44 million. In comparison, last year the company had a net profit of $52.02 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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