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The analysts wrote, "CAE has been upgraded by TheStreet Ratings from hold to buy.
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The Canadian government announced a C$250 million repayable contribution on Thursday to simulator maker CAE Inc to help it develop new civilian and military aircraft flight simulation technology.
A technician operates a CAE A330-200 passenger plane flight simulator at the Lufthansa Flight Training centre in Berlin.
Good day, ladies and gentlemen and welcome to the CAE's Third Quarter Conference Call.
CAE's core flight simulator and training businesses is improving but its chief executive appealed for investor patience with its health-care segment, which recently launched a maternal fetal simulator.
CAE Inc. : Third-quarter ending Dec. 31, 2013, $46.1 million, 18 cents per share; 2012, $37.5 million, 14 cents per diluted share.
CAE posted its quarterly earnings results on Tuesday. The company reported $0.18 earnings per share for the quarter, meeting the analysts' consensus estimate of $0.18, Analyst Ratings.Net reports.