CAE (CAE) Receives a Hold from RBC Capital
RBC Capital analyst Arthur Nagorny maintained a Hold rating on CAE yesterday and set a price target of C$40.00. The company’s shares closed yesterday at C$38.41.
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According to TipRanks, Nagorny is an analyst with an average return of -4.4% and a 50.00% success rate.
Currently, the analyst consensus on CAE is a Moderate Buy with an average price target of $30.43, which is a -20.78% downside from current levels. In a report released today, TR | OpenAI – 4o also downgraded the stock to a Hold with a C$42.00 price target.
The company has a one-year high of C$41.38 and a one-year low of C$28.98. Currently, CAE has an average volume of 583.9K.
Based on the recent corporate insider activity of 30 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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