Jefferies Initiates CAE Shares with Hold Rating Based on Minimal Civil Upside
Jefferies Initiates Coverage of CAE Shares
The financial firm Jefferies has recently started covering CAE shares with a hold rating, emphasizing the minimal growth prospects in the civil sector. This move reflects the analysts' cautious outlook on the company's performance.
Challenges in Civil Aviation Segment
Jefferies analysts believe that CAE's civil aviation business segment may encounter difficulties in achieving substantial growth in the future. The outlook for this particular area is described as having minimal upside, signaling potential challenges ahead for the company.
Despite CAE's overall strength in the market, the hold rating suggests a sense of caution and concerns about the future performance of the company.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.