CAE Inc. (CAE) Receives a Hold from Raymond James

By Jason Carr

In a new note to investors on February 8, an analyst has provided a rating update for CAE Inc. (CAEResearch Report). On February 8, analyst Ben Cherniavsky gave a Hold rating to CAE and set a C$27.50 price target.

According to TipRanks.com, Cherniavsky is ranked #585 out of 5146 analysts.

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CAE Inc. has an analyst consensus of Moderate Buy, with a price target consensus of C$29.50.

The company has a one-year high of C$28.23 and a one-year low of C$22.10. Currently, CAE Inc. has an average volume of 590.4K.

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.

The company’s shares closed on Monday at C$27.24, close to its 52-week high of C$28.23.