CA PT Raised to $30.00 (CA)
Equities researchers at Mizuho upped their price target on shares of CA (NYSE:CA) from $28.00 to $30.00 in a research report issued on Thursday, American Banking & Market News reports. The firm currently has a “neutral” rating on the stock. Mizuho’s target price would suggest a potential downside of 11.89% from the stock’s previous close.
Shares of CA (NYSE:CA) traded down 0.21% during mid-day trading on Thursday, hitting $34.05. 4,178,656 shares of the company’s stock traded hands. CA has a 52-week low of $23.98 and a 52-week high of $34.42. The stock’s 50-day moving average is $33. and its 200-day moving average is $31.04. The company has a market cap of $15.366 billion and a P/E ratio of 14.57.
A number of other firms have also recently commented on CA. Analysts at Evercore Partners downgraded shares of CA from an “equal weight” rating to an “underweight” rating in a research note to investors on Monday, January 6th. They now have a $32.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of CA in a research note to investors on Monday, December 2nd. They now have a $35.00 price target on the stock. Finally, analysts at Jefferies Group cut their price target on shares of CA to $28.00 in a research note to investors on Friday, October 25th. They now have a “hold” rating on the stock. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $31.40.
CA, Inc (NYSE:CA) is an independent enterprise information technology (IT) management software and solutions company.
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