RBC Capital Reaffirms Their Hold Rating on CAE (CAE)
RBC Capital analyst James McGarragle CFA maintained a Hold rating on CAE yesterday and set a price target of C$41.00. The company’s shares opened today at $27.62.
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According to TipRanks, McGarragle CFA is a 5-star analyst with an average return of 16.8% and a 74.23% success rate. McGarragle CFA covers the Industrials sector, focusing on stocks such as CAE, Chorus Aviation, and Russel Metals.
Currently, the analyst consensus on CAE is a Moderate Buy with an average price target of $31.69.
CAE market cap is currently $9.51B and has a P/E ratio of 30.18.
Based on the recent corporate insider activity of 28 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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