National Bank analyst Cameron Doerksen maintained a Hold rating on CAE (NYSE:CAE) Inc on Tuesday, setting a price target of C$34, which is approximately 7.59% above the present share price of $24.35.
Doerksen expects CAE Inc to post earnings per share (EPS) of -$0.02 for the fourth quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in CAE, with an average price target of $25.33.
The analysts price targets range from a high of $29.28 to a low of $18.49.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $704.7 million and a net profit of $79.9 million. The company's market cap is $6.76 billion.
According to TipRanks.com, National Bank analyst Cameron Doerksen is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -1.4% and a 52.78% success rate.
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. It operates through the following segments: Civil Aviation Training Solutions, Defence and Security, and Healthcare. The Civil Aviation Training Solutions segment offers training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a complete range of flight simulation training devices, as well as ab initio pilot training and crew sourcing services. The Defence and Security segment includes training systems integrator for defence forces across the air, land and naval domains, and for government organizations responsible for public safety. The Healthcare segment designs and manufactures simulators, audiovisual solutions, and courseware for training of medical and allied healthcare students and clinicians in educational institutions, hospitals and defence organizations. The company was founded by Kenneth R. Patrick on March 17, 1947 and is headquartered in Montreal, Canada.