Jefferies Initiates CAE Shares with Hold Rating Based on Minimal Civil Upside

Thursday, 6 June 2024, 11:01

The financial firm Jefferies has initiated coverage of CAE shares with a hold rating, citing minimal growth potential in the civil sector. Jefferies analysts believe that the company's performance in the civil aviation segment may face challenges in the near term. While CAE remains a strong player, the outlook for its civil business poses uncertainties for investors, as indicated by the hold recommendation.
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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.


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