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Recommendations
CAE price target lowered to C$30 from C$36 at Canaccord » 12:50
08/12/22
08/12
12:50
08/12/22
12:50
CAE

CAE

$21.43 /

+0.55 (+2.63%)

Canaccord analyst Matthew…

Canaccord analyst Matthew Lee lowered the firm's price target on CAE to C$30 from C$36 and keeps a Hold rating on the shares.

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CAE CAE
$21.43 /

+0.55 (+2.63%)

CAE CAE
$21.43 /

+0.55 (+2.63%)

08/11/22 BMO Capital
CAE price target lowered to C$36 from C$42 at BMO Capital
08/11/22 TD Securities
CAE price target lowered to C$34 from C$41 at TD Securities
08/11/22 Scotiabank
CAE price target lowered to C$37.50 from C$43.50 at Scotiabank
06/23/22 RBC Capital
CAE assumed with an Outperform at RBC Capital
CAE CAE
$21.43 /

+0.55 (+2.63%)

Thursday
Recommendations
CAE price target lowered to C$36 from C$42 at BMO Capital » 13:09
08/11/22
08/11
13:09
08/11/22
13:09
CAE

CAE

$20.95 /

-0.5 (-2.33%)

BMO Capital analyst Fadi…

BMO Capital analyst Fadi Chamoun lowered the firm's price target on CAE to C$36 from C$42 and keeps an Outperform rating on the shares.

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CAE CAE
$20.95 /

-0.5 (-2.33%)

CAE CAE
$20.95 /

-0.5 (-2.33%)

08/11/22 TD Securities
CAE price target lowered to C$34 from C$41 at TD Securities
08/11/22 Scotiabank
CAE price target lowered to C$37.50 from C$43.50 at Scotiabank
06/23/22 RBC Capital
CAE assumed with an Outperform at RBC Capital
06/08/22 BMO Capital
CAE price target lowered to C$42 from C$45 at BMO Capital
CAE CAE
$20.95 /

-0.5 (-2.33%)

Recommendations
CAE price target lowered to C$34 from C$41 at TD Securities » 12:52
08/11/22
08/11
12:52
08/11/22
12:52
CAE

CAE

$21.13 /

-0.32 (-1.49%)

TD Securities analyst Tim…

TD Securities analyst Tim James lowered the firm's price target on CAE to C$34 from C$41 and keeps a Buy rating on the shares.

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CAE CAE
$21.13 /

-0.32 (-1.49%)

CAE CAE
$21.13 /

-0.32 (-1.49%)

08/11/22 Scotiabank
CAE price target lowered to C$37.50 from C$43.50 at Scotiabank
06/23/22 RBC Capital
CAE assumed with an Outperform at RBC Capital
06/08/22 BMO Capital
CAE price target lowered to C$42 from C$45 at BMO Capital
06/08/22 Scotiabank
CAE price target raised to C$43.50 from C$43 at Scotiabank
CAE CAE
$21.13 /

-0.32 (-1.49%)

Recommendations
CAE price target lowered to C$37.50 from C$43.50 at Scotiabank » 11:26
08/11/22
08/11
11:26
08/11/22
11:26
CAE

CAE

$20.75 /

-0.7 (-3.26%)

Scotiabank analyst Konark…

Scotiabank analyst Konark Gupta lowered the firm's price target on CAE to C$37.50 from C$43.50 and keeps an Outperform rating on the shares.

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CAE CAE
$20.75 /

-0.7 (-3.26%)

CAE CAE
$20.75 /

-0.7 (-3.26%)

06/23/22 RBC Capital
CAE assumed with an Outperform at RBC Capital
06/08/22 BMO Capital
CAE price target lowered to C$42 from C$45 at BMO Capital
06/08/22 Scotiabank
CAE price target raised to C$43.50 from C$43 at Scotiabank
06/06/22 BofA
CAE upgraded to Neutral from Underperform at BofA
CAE CAE
$20.75 /

-0.7 (-3.26%)

Wednesday
Hot Stocks
CAE falls -14.0% » 12:01
08/10/22
08/10
12:01
08/10/22
12:01
CAE

CAE

$22.19 /

-3.585 (-13.91%)

CAE is down -14.0%, or…

CAE is down -14.0%, or -$3.61 to $22.19.

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CAE CAE
$22.19 /

-3.585 (-13.91%)

CAE CAE
$22.19 /

-3.585 (-13.91%)

06/23/22 RBC Capital
CAE assumed with an Outperform at RBC Capital
06/08/22 BMO Capital
CAE price target lowered to C$42 from C$45 at BMO Capital
06/08/22 Scotiabank
CAE price target raised to C$43.50 from C$43 at Scotiabank
06/06/22 BofA
CAE upgraded to Neutral from Underperform at BofA
CAE CAE
$22.19 /

-3.585 (-13.91%)

Hot Stocks
CAE falls -12.1% » 10:00
08/10/22
08/10
10:00
08/10/22
10:00
CAE

CAE

$22.60 /

-3.175 (-12.32%)

CAE is down -12.1%, or…

CAE is down -12.1%, or -$3.13 to $22.67.

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CAE CAE
$22.60 /

-3.175 (-12.32%)

CAE CAE
$22.60 /

-3.175 (-12.32%)

06/23/22 RBC Capital
CAE assumed with an Outperform at RBC Capital
06/08/22 BMO Capital
CAE price target lowered to C$42 from C$45 at BMO Capital
06/08/22 Scotiabank
CAE price target raised to C$43.50 from C$43 at Scotiabank
06/06/22 BofA
CAE upgraded to Neutral from Underperform at BofA
CAE CAE
$22.60 /

-3.175 (-12.32%)

Hot Stocks
CAE lowers FY23 consolidated adjusted segment operating income growth view » 08:24
08/10/22
08/10
08:24
08/10/22
08:24
CAE

CAE

$25.78 /

-0.375 (-1.43%)

For FY23, CAE now expects…

For FY23, CAE now expects to deliver mid-20% consolidated adjusted segment operating income growth, from mid-30% previously, weighted more heavily to the second half of the year. Total capital expenditures are expected to be approximately $250M in FY23. On the revised outlook, CEO Parent stated, "we are lowering our outlook for the current fiscal year to mid-twenty percent consolidated adjusted segment operating income growth to account for the two U.S. program charges already incurred in Defense, and to reflect the more acute, sector-wide headwinds we are now experiencing, namely supply chain pressures, labour shortages, and a slower defence contracting environment. We previously indicated our expectation of a back-half-weighted performance in Defense this fiscal year, as we manage through the effects of a protracted period of less than one book-to-sales and begin to ramp up new orders in the second half. The additional Defense headwinds have made this weighting more pronounced, and we expect them to gradually abate through the course of the fiscal year. In our Civil business, we expect continued strong growth...For CAE overall, order intake remains a key leading indicator of our progress along the path to becoming a larger, more resilient, and more profitable company. We greatly enhanced our position and expanded our addressable market over the last couple of years, and I have complete confidence in our team's ability to maintain a strong order momentum and drive superior and sustainable growth and profits over the long-term. Broadly speaking, the underlying trendlines of our multi-year progress are very much intact, and my conviction in CAE's long-term growth outlook is resolute. We continue to target a three-year EPS compound growth rate in the mid-twenty percent range."

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CAE CAE
$25.78 /

-0.375 (-1.43%)

CAE CAE
$25.78 /

-0.375 (-1.43%)

06/23/22 RBC Capital
CAE assumed with an Outperform at RBC Capital
06/08/22 BMO Capital
CAE price target lowered to C$42 from C$45 at BMO Capital
06/08/22 Scotiabank
CAE price target raised to C$43.50 from C$43 at Scotiabank
06/06/22 BofA
CAE upgraded to Neutral from Underperform at BofA
CAE CAE
$25.78 /

-0.375 (-1.43%)

Earnings
CAE reports Q1 adjusted EPS C$0.06 vs. C$0.19 a year ago » 08:21
08/10/22
08/10
08:21
08/10/22
08:21
CAE

CAE

$25.78 /

-0.375 (-1.43%)

Reports Q1 revenue…

Reports Q1 revenue C$933.3M vs. C$752.7M a year ago. "We had a mixed performance in Q1, with Civil delivering results in line with our view for strong annual growth, while Defense came in well short of our expectations, as a result of discrete program charges and near-term headwinds in this early stage of its multi-year growth journey," said CEO Marc Parent. "Despite a challenging global environment, we secured over $1B in total orders for a record $10B backlog and 1.12 times book-to-sales ratio. In Civil, we booked $522M in orders for a 1.09 times book-to-sales ratio, including long-term training agreements with airlines and business aircraft operators, and 11 full-flight simulator sales. In Defense, we booked orders for training and mission support solutions valued at $488M for 1.18 times book-to-sales. And in Healthcare, we continued to drive double-digit revenue growth with our innovative solutions and capable team."

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CAE CAE
$25.78 /

-0.375 (-1.43%)

CAE CAE
$25.78 /

-0.375 (-1.43%)

06/23/22 RBC Capital
CAE assumed with an Outperform at RBC Capital
06/08/22 BMO Capital
CAE price target lowered to C$42 from C$45 at BMO Capital
06/08/22 Scotiabank
CAE price target raised to C$43.50 from C$43 at Scotiabank
06/06/22 BofA
CAE upgraded to Neutral from Underperform at BofA
CAE CAE
$25.78 /

-0.375 (-1.43%)

Over a week ago
Hot Stocks
CAE launches electric aircraft modification program with Piper Aircraft » 07:40
07/19/22
07/19
07:40
07/19/22
07:40
CAE

CAE

$25.22 /

+1.16 (+4.82%)

CAE announced at the…

CAE announced at the Farnborough International Air Show 2022 that it has partnered with Piper Aircraft to develop a conversion kit via a Supplemental Type Certificate for in-service Piper Archer aircraft and bring an electric variant option of the aircraft to market. CAE expects to convert two-thirds of its Piper Archer training fleet and develop a curriculum for new pilots to train on the operation of electric aircraft. CAE and Piper Aircraft intend to work together on an electrical conversion kit for third parties, along with training and support services required for the operation of electrified Piper Archer aircraft. "Piper Aircraft has been a longstanding trusted partner for CAE's flight training operations, and we are very pleased to have them join us, along with other electric aviation leaders, in this leap forward for the sustainable future of aviation." said Marc Parent, CAE's President and CEO.

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CAE CAE
$25.22 /

+1.16 (+4.82%)

CAE CAE
$25.22 /

+1.16 (+4.82%)

06/23/22 RBC Capital
CAE assumed with an Outperform at RBC Capital
06/08/22 BMO Capital
CAE price target lowered to C$42 from C$45 at BMO Capital
06/08/22 Scotiabank
CAE price target raised to C$43.50 from C$43 at Scotiabank
06/06/22 BofA
CAE upgraded to Neutral from Underperform at BofA
CAE CAE
$25.22 /

+1.16 (+4.82%)

Hot Stocks
Vertical Aerospace announces CAE to be pilot training partner for VX4 » 05:23
07/19/22
07/19
05:23
07/19/22
05:23
EVTL

Vertical Aerospace

$5.19 /

+0.205 (+4.11%)

, CAE

CAE

$25.22 /

+1.16 (+4.82%)

Vertical Aerospace (EVTL)…

Vertical Aerospace (EVTL) and CAE (CAE) announced that CAE will be the pilot training partner for Vertical's launch eVTOL aircraft, the VX4. CAE will design and develop a training program and be the exclusive training device provider, tailoring the flight simulation training device for the VX4 aircraft. The pilot training program will leverage advanced technologies including Mixed Reality and Artificial Intelligence to enhance the learning experience. Upon the signing of a definitive agreement, Vertical and CAE will start working together three years ahead of the VX4's targeted entry into service in 2025, a step towards making safe eVTOL flights a reality. Vertical expects to reach several certification milestones in the coming months, as the VX4's test flight program begins in Summer 2022.

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EVTL Vertical Aerospace
$5.19 /

+0.205 (+4.11%)

CAE CAE
$25.22 /

+1.16 (+4.82%)

EVTL Vertical Aerospace
$5.19 /

+0.205 (+4.11%)

04/11/22 Deutsche Bank
Vertical Aerospace initiated with a Hold at Deutsche Bank
01/18/22 Barclays
Vertical Aerospace initiated with an Underweight at Barclays
CAE CAE
$25.22 /

+1.16 (+4.82%)

06/23/22 RBC Capital
CAE assumed with an Outperform at RBC Capital
06/08/22 BMO Capital
CAE price target lowered to C$42 from C$45 at BMO Capital
06/08/22 Scotiabank
CAE price target raised to C$43.50 from C$43 at Scotiabank
06/06/22 BofA
CAE upgraded to Neutral from Underperform at BofA
CAE CAE
$25.22 /

+1.16 (+4.82%)

EVTL Vertical Aerospace
$5.19 /

+0.205 (+4.11%)

EVTL Vertical Aerospace
$5.19 /

+0.205 (+4.11%)

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