Macdonald Dettwiler Price Target Raised to C$88.00 at RBC Capital (MDA)
Research analysts at RBC Capital raised their target price on shares of Macdonald Dettwiler (TSE:MDA) from C$85.00 to C$88.00 in a report released on Friday, AmericanBankingNews.com reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s price target would indicate a potential upside of 10.29% from the company’s current price.
MDA has been the subject of a number of other recent research reports. Analysts at BMO Capital Markets raised their price target on shares of Macdonald Dettwiler from C$82.00 to C$87.00 in a research note to investors on Friday, September 20th. They now have an “outperform” rating on the stock. Separately, analysts at Salman Partners raised their price target on shares of Macdonald Dettwiler from C$78.75 to C$93.35 in a research note to investors on Monday, August 5th. Finally, analysts at Scotiabank raised their price target on shares of Macdonald Dettwiler from C$82.00 to C$83.00 in a research note to investors on Friday, August 2nd. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Macdonald Dettwiler has an average rating of “Buy” and an average price target of C$83.93.
Macdonald Dettwiler (TSE:MDA) opened at 79.79 on Friday. Macdonald Dettwiler has a one year low of $47.37 and a one year high of $85.30. The stock has a 50-day moving average of $80.57 and a 200-day moving average of $72.35. The company has a market cap of $2.875 billion and a P/E ratio of 29.47.
MDA is a global communications and information company providing operational solutions to commercial and government organizations worldwide.
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