Analyst Ratings Alert for CAE Inc. (CAE:CA)
STA Research:
Rating: Hold
Target Price: CAD 30
Date of Update: January 22, 2024
Analysis: STA Research maintains a “Hold” rating on CAE Inc. with a target price of CAD 30 as of January 22, 2024. This suggests a neutral stance, advising investors to hold their positions with no strong recommendation to buy or sell.
Scotia Capital:
Rating: Sector Perform
Target Price: CAD 31
Date of Update: January 22, 2024
Analysis: Scotia Capital downgrades CAE Inc. to “Sector Perform” with a target price of CAD 31 as of January 22, 2024. This indicates an expectation that the company’s performance will be in line with the overall sector, without a notable outperformance or underperformance.
TD Securities:
Rating: Hold
Target Price: CAD 31
Date of Update: January 22, 2024
Analysis: TD Securities maintains a “Hold” rating on CAE Inc. with a target price of CAD 31 as of January 22, 2024. This implies a recommendation to hold existing positions without actively buying or selling.
Final Analysis:
On January 22, 2024, STA Research, Scotia Capital, and TD Securities released updates on their ratings for CAE Inc. While STA Research and TD Securities both advise holding positions, Scotia Capital takes a slightly more conservative stance by downgrading CAE Inc. to “Sector Perform.” Investors should carefully consider these ratings alongside their own investment strategies and market expectations.
