Canaccord Genuity Remains a Hold on CAE (CAE)
In a report released today, from Canaccord Genuity maintained a Hold rating on CAE, with a price target of C$39.00.
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In addition to Canaccord Genuity, CAE also received a Hold from TipRanks – Google’s Google Aerospace and Defense in a report issued yesterday. However, on the same day, TipRanks – OpenAI reiterated a Buy rating on CAE (NYSE: CAE).
The company has a one-year high of C$47.65 and a one-year low of C$28.98. Currently, CAE has an average volume of 752.3K.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CAE in relation to earlier this year.
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