Stock Rating Upgrade
Of late the Value Trend Rating for CAE Inc. (NYSE: CAE) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 8/9/24, CAE Inc. (NYSE: CAE) stock declined modestly by -1.1%, closing at $16.61. However, this decline was accompanied by below average trading volume at 78% of normal. Relative to the market the stock has been weak over the last nine months and has declined -2.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CAE is expected to continue to be a modest Value Builder.
CAE has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. CAE has a good Appreciation Score of 77 but a very low Power Rating of 12, and the Low Neutral Value Trend Rating results.
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