Jefferies Group Increases CA Price Target to $28.00 (CA)
Equities researchers at Jefferies Group boosted their price target on shares of CA (NASDAQ:CA) from $27.00 to $28.00 in a research report issued on Friday, American Banking and Market News reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s price objective would indicate a potential downside of 10.83% from the stock’s previous close.
Separately, analysts at Evercore Partners raised their price target on shares of CA from $30.00 to $32.00 in a research note to investors on Friday. They now have an “equal weight” rating on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $29.57.
CA (NASDAQ:CA) traded up 3.32% during mid-day trading on Friday, hitting $31.40. 4,721,197 shares of the company’s stock traded hands. CA has a 52-week low of $21.48 and a 52-week high of $31.43. The stock has a 50-day moving average of $30.18 and a 200-day moving average of $27.65. The company has a market cap of $14.307 billion and a P/E ratio of 13.28.
CA, Inc (NASDAQ:CA) is an independent enterprise information technology (IT) software and service company with capabilities across IT environments from mainframe and physical to virtual and cloud.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.