Raymond James Sticks to Its Hold Rating for CAE (CAE)


Raymond James analyst Ben Cherniavsky maintained a Hold rating on CAE (CAE) today and set a price target of C$34.00. The company’s shares closed last Monday at $27.20, close to its 52-week high of $28.03.

Cherniavsky has an average return of 3.8% when recommending CAE.

According to TipRanks.com, Cherniavsky is ranked #1064 out of 5664 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CAE with a $29.14 average price target, representing an 8.4% upside. In a report released today, BMO Capital also maintained a Hold rating on the stock with a C$38.00 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $28.03 and a one-year low of $17.82. Currently, CAE has an average volume of 217.2K.

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CAE, Inc. engages in the provision of training and development of integrated training solutions for the defence and security markets, commercial airlines, business aircraft operators, helicopter operators, aircraft manufacturers, and healthcare education and service providers.

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