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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/16/2024 | Overweight → Equal-Weight | Morgan Stanley | |
| 6/6/2024 | $21.00 | Hold | Jefferies |
| 5/22/2024 | Buy → Hold | Canaccord Genuity | |
| 5/21/2024 | Buy → Hold | Desjardins | |
| 1/22/2024 | Sector Outperform → Sector Perform | Scotiabank | |
| 11/29/2023 | Neutral → Underperform | BofA Securities | |
| 10/25/2023 | Hold → Buy | Canaccord Genuity | |
| 12/12/2022 | Equal-Weight → Overweight | Morgan Stanley |
Morgan Stanley downgraded CAE from Overweight to Equal-Weight
Jefferies initiated coverage of CAE with a rating of Hold and set a new price target of $21.00
Canaccord Genuity downgraded CAE from Buy to Hold
6-K - CAE INC (0001173382) (Filer)
6-K - CAE INC (0001173382) (Filer)
40-F - CAE INC (0001173382) (Filer)
Further supporting Flexjet's global pilot training needs to meet increasing pilot ranks MONTREAL, Nov. 4, 2024 /PRNewswire/ - (NYSE:CAE) (TSX:CAE) - CAE announced today that it will increase its ownership stake in its existing SIMCOM Aviation Training (SIMCOM) joint venture by purchasing a majority of SIMCOM shares from Volo Sicuro for USD $230 million, subject to customary adjustments, to be financed with CAE's existing credit facility and cash on hand. As part of the transaction, Flexjet, LLC, a related party of Volo Sicuro, will retain a minority stake in SIMCOM following the closing, expected to take place in the coming days. Additionally, CAE and SIMCOM will each extend their respecti
Eight scholarships will be awarded to young Canadian women studying to become commercial pilots or aircraft maintenance engineersFour aspiring commercial pilots to become CAE Women in Flight ambassadorsScholarship applications open as of Nov. 1 hereMONTREAL, Oct. 31, 2024 /CNW/ - Air Canada and CAE, two Montreal-based global aviation companies, proudly continue their collaboration in fostering the next generation of women in non-traditional airline careers through the Captain Judy Cameron Scholarship, and today announced that applications for the 2025 edition of the Scholarship will open on November 1, 2024.
MONTREAL, Oct. 1, 2024 /PRNewswire/ - CAE announced today that it has signed a 25-year sub-contract valued at approximately $1.7 billion from SkyAlyne, a joint venture between CAE and KF Aerospace, to provide the Royal Canadian Air Force (RCAF) with modern, state-of-the-art pilot training. As a major subcontractor to the Future Air Crew Training (FAcT) program, CAE will deliver over the course of the contract term comprehensive aircrew training including live flying, simulation, and ground school training. This will extend CAE's long-standing presence at 15 Wing Moose Jaw where CAE currently operates the NATO Flying Training in Canada (NFTC) program. As part of this sub-contract, CAE will i
Eight scholarships will be awarded to young Canadian women studying to become commercial pilots or aircraft maintenance engineersFour aspiring commercial pilots to become CAE Women in Flight ambassadorsScholarship applications open as of Nov. 1 hereMONTREAL, Oct. 31, 2024 /CNW/ - Air Canada and CAE, two Montreal-based global aviation companies, proudly continue their collaboration in fostering the next generation of women in non-traditional airline careers through the Captain Judy Cameron Scholarship, and today announced that applications for the 2025 edition of the Scholarship will open on November 1, 2024.
MONTREAL, May 16, 2024 /PRNewswire/ - (NYSE:CAE) (TSX:CAE) - CAE Inc. (CAE or the Company) today announced the appointment of Patrick Decostre to the Board of Directors, effective immediately. Mr. Decostre is President, Chief Executive Officer and a director of Boralex Inc., a provider of affordable renewable energy in North America and Europe. Prior to his appointment as President and CEO in 2020, he spent 18 years building Boralex's business from the ground up in Europe, where he initiated wind energy initiatives and directed all operations and development activities of Boralex's European subsidiaries. Mr. Decostre, an engineering physicist, graduated from the École Polytechnique of Bruss
MONTREAL, April 4, 2024 /PRNewswire/ - (NYSE:CAE) (TSX:CAE) - CAE Inc. today announced changes to its Defense & Security business unit's leadership team. Jason Goodfriend has been appointed Interim Group President, Defense & Security, effective immediately. Mr. Goodfriend replaces Daniel Gelston, who will remain at CAE in a supporting capacity through May 2024. CAE thanks Mr. Gelston for his vision, leadership and many accomplishments and wishes him well in his future endeavours. Mr. Goodfriend, based in Chantilly, Virginia, joined CAE in January 2023 as Chief Operating Officer (COO) for CAE's Defense & Security business unit. CAE created the COO position at the Defense & Security business
Revenue of $1,072.5 million vs. $1,012.0 million in prior yearEarnings per share (EPS) from continuing operations of $0.15 vs. $0.20 in prior yearAdjusted EPS(1) of $0.21 vs. $0.24 in prior yearOperating income of $108.6 million vs. $128.3 million in prior yearAdjusted segment operating income(1) of $134.2 million vs. $143.3 million in prior yearAdjusted order intake(1) of $1,192.0 million for a $17.0 billion adjusted backlog(1)Net debt-to-adjusted EBITDA(1) of 3.41x (3.11x excluding Legacy Contracts(1)(2)) vs. 3.17x (2.89x excluding Legacy Contracts) at the end of the preceding quarter463,500 common shares repurchased at a weighted average price of $25.21 and cancelled under NCIBComparative
MONTREAL, Aug. 7, 2024 /PRNewswire/ - (NYSE:CAE) (TSX:CAE) – Analysts and institutional investors are invited to virtually attend CAE's FY2025 Q1 financial results conference call on Wednesday, August 14, at 8:00 a.m. Eastern Time (ET). CAE will also hold its FY2024 Annual Meeting of Shareholders at 11:00 a.m. ET on the same day via a live webcast. Please see below for details. FY2025 first quarter financial results Who: Marc Parent, President and Chief Executive Officer Sonya Branco, Executive Vice President, Finance and Chief Financial Officer Andrew Arnovitz, CAE's Senior Vice President, Investor Relations and Enterprise Risk Management What: CAE's FY2025 Q1 financial results When: Wedn
Financials unchanged from previously disclosed preliminary results MONTREAL, May 27, 2024 /PRNewswire/ - (NYSE:CAE) (TSX:CAE) - CAE Inc. (CAE or the Company) today reported its financial report for the fiscal year ended March 31, 2024. Financial results are unchanged from preliminary data that CAE disclosed on May 21, 2024, including the re-baselining of the Defense & Security business along with Defense & Security impairments and unfavourable contract adjustments related to eight previously identified fixed-price legacy contracts (the Legacy Contracts). All financial information is in Canadian dollars. "Last week we acted decisively and took the necessary steps to provide a clear path to m
SC 13G/A - CAE INC (0001173382) (Subject)
SC 13G/A - CAE INC (0001173382) (Subject)
SC 13G/A - CAE INC (0001173382) (Subject)
Jefferies analyst Sheila Kahyaoglu initiates coverage on CAE (NYSE:CAE) with a Hold rating and announces Price Target of $21.
RBC Capital analyst James McGarragle maintains CAE (TSX:CAE) with a Outperform and lowers the price target from C$34 to C$31.