MDC Partners Inc Sets New 1-Year High at $25.10 (MDCA)
MDC Partners (NASDAQ:MDCA) set a new 52-week high during mid-day trading on Monday, American Banking & Market News reports. The stock traded as high as $25.10 and last traded at $24.81, with a volume of 86,928 shares. The stock had previously closed at $24.73.
A number of research firms have recently commented on MDCA. Analysts at RBC Capital raised their price target on shares of MDC Partners (NASDAQ:MDCA) from C$22.00 to C$26.00 in a research note to investors on Friday, July 26th. They now have an “outperform” rating on the stock. Separately, analysts at UBS AG raised their price target on shares of MDC Partners (NASDAQ:MDCA) from $20.00 to $24.00 in a research note to investors on Friday, July 26th. They now have a “buy” rating on the stock.
Six equities research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus price target of $21.17.
MDC Partners has a 52-week low of $9.35 and a 52-week high of $25.10. The stock’s 50-day moving average is $24.15 and its 200-day moving average is $18.9. The company’s market cap is $798.9 million.
MDC Partners Inc (NASDAQ:MDCA) is a provider of marketing communications services to customers worldwide.
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