Macdonald Dettwiler & Associates Ltd (TSE:MDA) had its target price raised by equities researchers at CIBC from C$83.00 to C$90.00 in a research note issued on Friday, StockTargetPrices.com reports. CIBC’s price objective would indicate a potential upside of 30.91% from the stock’s current price.

A number of other analysts also recently weighed in on MDA. Royal Bank Of Canada increased their price target on Macdonald Dettwiler & Associates from C$93.00 to C$94.00 and gave the stock an “outperform” rating in a report on Monday, July 31st. TD Securities increased their price target on Macdonald Dettwiler & Associates from C$81.00 to C$84.00 and gave the stock a “buy” rating in a report on Monday, July 31st. Canaccord Genuity upgraded Macdonald Dettwiler & Associates from a “hold” rating to a “buy” rating and increased their price target for the stock from C$70.00 to C$80.00 in a report on Monday, July 31st. Scotiabank decreased their price target on Macdonald Dettwiler & Associates from C$78.00 to C$77.00 and set an “outperform” rating for the company in a report on Monday, July 31st. Finally, CSFB increased their price target on Macdonald Dettwiler & Associates from C$93.00 to C$97.00 and gave the stock an “outperform” rating in a report on Tuesday, August 29th. Six investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average price target of C$86.57.

Macdonald Dettwiler & Associates (MDA) traded up 3.19% on Friday, reaching $70.94. The company’s stock had a trading volume of 447,376 shares. The company has a market cap of $2.59 billion and a P/E ratio of 25.34. The stock’s 50 day moving average price is $68.67 and its 200 day moving average price is $67.14. Macdonald Dettwiler & Associates has a 12 month low of $61.80 and a 12 month high of $80.28.

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About Macdonald Dettwiler & Associates

MacDonald, Dettwiler and Associates Ltd. (MDA) is a Canada-based communications and information company. The Company provides operational solutions to commercial and government organizations across the world. MDA operates through two segments: Communications segment, and Surveillance and Intelligence segment.

Stock Target Prices

Analyst Recommendations for Macdonald Dettwiler & Associates (TSE:MDA)

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