Is Cae Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NYSE: CAE) stock is to Strong Buy CAE stock.
Out of 3 analysts, 2 (66.67%) are recommending CAE as a Strong Buy, 0 (0%) are recommending CAE as a Buy, 1 (33.33%) are recommending CAE as a Hold, 0 (0%) are recommending CAE as a Sell, and 0 (0%) are recommending CAE as a Strong Sell.
What is CAE's forecast return on equity (ROE) for 2024-2026?
(NYSE: CAE) forecast ROE is 13.16%, which is considered weak.
What is CAE's Price Target?
According to 3 Wall Street analysts that have issued a 1 year CAE price target, the average CAE price target is $35.33, with the highest CAE stock price forecast at $39.00 and the lowest CAE stock price forecast at $30.00.
On average, Wall Street analysts predict that Cae's share price could reach $35.33 by Aug 15, 2024. The average Cae stock price prediction forecasts a potential upside of 51.32% from the current CAE share price of $23.35.
What is CAE's forecast return on assets (ROA) for 2024-2026?
(NYSE: CAE) forecast ROA is 5.74%, which is higher than the forecast US Aerospace & Defense industry average of 1.91%.
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