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BMO Capital Issues a Buy Rating on CAE (CAE)
In a report released today, Fadi Chamoun from BMO Capital assigned a Buy rating to CAE, with a price target of C$50.00.
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According to TipRanks, Chamoun is a 5-star analyst with an average return of 16.9% and a 66.37% success rate. Chamoun covers the Industrials sector, focusing on stocks such as Union Pacific, FedEx, and CAE.
CAE has an analyst consensus of Moderate Buy, with a price target consensus of C$49.05.
Based on CAE’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$1.25 billion and a net profit of C$108.9 million. In comparison, last year the company earned a revenue of C$1.22 billion and had a net profit of C$168.6 million
Read More on CAE:
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- CAE price target lowered to C$53 from C$54 at TD Securities
- CAE: Transformation-Driven Margin Expansion and Cyclical Tailwinds Support Buy Rating
- CAE announces leadership appointments to support growth
- CAE assumed at Buy from Hold at Canaccord
- CAE: Strategic Shift to Margin Expansion and Free Cash Flow Unlocks Compelling Buy Opportunity
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