CAE Inc. (CAE) Reaches $18.77 52-Week High; Last Week Ares Capital (ARCC) Analysts

February 18, 2018 - By Adrian Mccoy

The stock of CAE Inc. (NYSE:CAE) hit a new 52-week high and has $20.08 target or 7.00% above today’s $18.77 share price. The 5 months bullish chart indicates low risk for the $4.96 billion company. The 1-year high was reported on Feb, 18 by Barchart.com. If the $20.08 price target is reached, the company will be worth $347.20M more. The stock increased 0.48% or $0.09 during the last trading session, reaching $18.77. About 383,546 shares traded or 43.23% up from the average. CAE Inc. (NYSE:CAE) has risen 26.75% since February 18, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Among 17 analysts covering Ares Capital (NASDAQ:ARCC), 12 have Buy rating, 0 Sell and 5 Hold. Therefore 71% are positive. Ares Capital had 26 analyst reports since August 21, 2015 according to SRatingsIntel. Raymond James upgraded Ares Capital Corporation (NASDAQ:ARCC) on Friday, August 28 to “Outperform” rating. On Sunday, July 23 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, October 5. The firm earned “Hold” rating on Friday, November 3 by RBC Capital Markets. RBC Capital Markets maintained the shares of ARCC in report on Thursday, August 3 with “Hold” rating. The rating was maintained by Citigroup with “Buy” on Friday, August 21. The stock of Ares Capital Corporation (NASDAQ:ARCC) earned “Buy” rating by Jefferies on Thursday, November 2. JMP Securities maintained Ares Capital Corporation (NASDAQ:ARCC) rating on Tuesday, August 9. JMP Securities has “Market Outperform” rating and $17 target. The stock of Ares Capital Corporation (NASDAQ:ARCC) earned “Buy” rating by Jefferies on Tuesday, August 15. The firm has “Hold” rating given on Wednesday, May 31 by BMO Capital Markets. See Ares Capital Corporation (NASDAQ:ARCC) latest ratings:

06/12/2017 Broker: Compass Point Rating: Buy New Target: $17.5 Initiates Coverage On
28/11/2017 Broker: Wedbush Rating: Outperform New Target: $18 Initiates Coverage On
14/11/2017 Broker: BMO Capital Markets Rating: Hold New Target: $15.0 Maintain
03/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $19.0 Maintain
02/11/2017 Broker: Jefferies Rating: Buy New Target: $19.5 Maintain
06/10/2017 Broker: BMO Capital Markets Rating: Hold New Target: $15.0 Maintain
05/10/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $18.5 Maintain
22/09/2017 Broker: Jefferies Rating: Buy New Target: $19.5 Maintain
20/09/2017 Broker: Oppenheimer Rating: Buy New Target: $18.0 Initiate
23/08/2017 Broker: BMO Capital Markets Rating: Hold New Target: $15.0 Maintain

CAE Inc., together with its subsidiaries, designs, makes, and supplies simulation equipment worldwide. The company has market cap of $4.96 billion. It operates in three divisions: Civil Aviation Training Solutions, Defence and Security, and Healthcare. It has a 20.25 P/E ratio. The Civil Aviation Training Solutions segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services.

Among 9 analysts covering CAE Inc. (NYSE:CAE), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. CAE Inc. had 17 analyst reports since August 13, 2015 according to SRatingsIntel. On Thursday, August 13 the stock rating was upgraded by Desjardins Securities to “Buy”. The firm has “Hold” rating by Zacks given on Wednesday, August 26. The stock of CAE Inc. (NYSE:CAE) earned “Hold” rating by Zacks on Tuesday, September 1. As per Wednesday, August 30, the company rating was upgraded by BMO Capital Markets. The stock of CAE Inc. (NYSE:CAE) earned “Outperform” rating by RBC Capital Markets on Monday, February 12. IBC upgraded CAE Inc. (NYSE:CAE) on Monday, January 4 to “Outperform” rating. The stock of CAE Inc. (NYSE:CAE) earned “Sector Perform” rating by RBC Capital Markets on Friday, November 11. BMO Capital Markets downgraded the stock to “Market Perform” rating in Friday, May 20 report. Zacks downgraded the shares of CAE in report on Tuesday, September 22 to “Sell” rating. The company was downgraded on Friday, November 11 by IBC.

Investors sentiment increased to 1.29 in 2017 Q3. Its up 0.14, from 1.15 in 2017Q2. It increased, as 9 investors sold CAE Inc. shares while 47 reduced holdings. 20 funds opened positions while 52 raised stakes. 132.48 million shares or 2.20% less from 135.47 million shares in 2017Q2 were reported. D E Shaw And Com holds 0% of its portfolio in CAE Inc. (NYSE:CAE) for 72,469 shares. Letko Brosseau Assocs, Quebec – Canada-based fund reported 5.46M shares. Ack Asset Management Limited Co stated it has 2.54% in CAE Inc. (NYSE:CAE). Ontario Teachers Pension Plan Board invested in 316,496 shares. 11,697 are held by Gotham Asset Mngmt Ltd. Bancorp Of Nova Scotia owns 1,239 shares. Art Advsr Ltd Liability holds 13,543 shares. Amf Pensionsforsakring has invested 0.01% in CAE Inc. (NYSE:CAE). Wetherby Asset Management reported 13,521 shares stake. Bancorporation Of Nova Scotia accumulated 0.12% or 1.19M shares. Nexus Inc reported 949,625 shares. Korea Corporation owns 0% invested in CAE Inc. (NYSE:CAE) for 18,341 shares. Advsrs Asset Management holds 0.01% or 39,555 shares. Legal And General Gru Public Limited Liability Co invested 0% in CAE Inc. (NYSE:CAE). 305,152 are owned by Credit Suisse Ag.

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.17, from 1.13 in 2017Q2. It worsened, as 55 investors sold Ares Capital Corporation shares while 104 reduced holdings. 35 funds opened positions while 118 raised stakes. 161.57 million shares or 5.32% less from 170.64 million shares in 2017Q2 were reported. Advsr Asset Mgmt holds 644,057 shares or 0.18% of its portfolio. Confluence Inv Mgmt Lc has invested 1.58% in Ares Capital Corporation (NASDAQ:ARCC). Fmr Limited Co holds 4.13M shares. 653,000 are held by Penn Mutual Life Insur Company. State Street Corp has 92,204 shares for 0% of their portfolio. Stratos Wealth Partners Limited invested in 0.16% or 208,053 shares. Huntington Comml Bank, a Ohio-based fund reported 350 shares. Arrowstreet Cap Lp reported 0.09% stake. 131,745 were accumulated by Dnb Asset Management As. Cetera Advisor Limited Liability Co reported 0.03% in Ares Capital Corporation (NASDAQ:ARCC). Global X Ltd Liability Company has invested 0.01% in Ares Capital Corporation (NASDAQ:ARCC). New South Capital Mgmt owns 1.19 million shares. Shelton Management owns 171,641 shares. Quantitative Investment Mgmt Ltd Limited Liability Company stated it has 0.02% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). 468,278 were accumulated by Boston Prns.

Since January 23, 2018, it had 1 buying transaction, and 0 sales for $3,242 activity. 200 shares were bought by BARTLETT STEVE, worth $3,242 on Tuesday, January 23.

The stock increased 0.50% or $0.08 during the last trading session, reaching $15.98. About 1.39 million shares traded. Ares Capital Corporation (NASDAQ:ARCC) has risen 9.72% since February 18, 2017 and is uptrending. It has underperformed by 6.98% the S&P500.

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