CA (NASDAQ:CA) had its price target hoisted by stock analysts at Barclays from $34.00 to $37.00 in a report released on Wednesday. The brokerage presently has an “equal weight” rating on the technology company’s stock. Barclays’ price objective would suggest a potential upside of 3.87% from the stock’s current price.
Several other analysts also recently weighed in on CA. Oppenheimer restated a “hold” rating on shares of CA in a research note on Wednesday. Credit Suisse Group upped their price target on CA from $34.00 to $36.00 and gave the stock a “neutral” rating in a research note on Wednesday. BidaskClub upgraded CA from a “sell” rating to a “hold” rating in a research note on Friday, January 26th. Zacks Investment Research downgraded CA from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Finally, Mizuho restated a “hold” rating and issued a $34.00 price target on shares of CA in a research note on Wednesday, October 25th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $33.67.
CA (CA) traded up $0.07 on Wednesday, reaching $35.62. The company’s stock had a trading volume of 3,056,787 shares, compared to its average volume of 2,262,416. The company has a market cap of $14,916.89, a price-to-earnings ratio of 20.58, a price-to-earnings-growth ratio of 4.75 and a beta of 0.74. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 1.24. CA has a fifty-two week low of $30.45 and a fifty-two week high of $36.56.
Hedge funds have recently added to or reduced their stakes in the stock. Fieldpoint Private Securities LLC bought a new position in shares of CA during the 3rd quarter valued at $101,000. D.A. Davidson & CO. lifted its holdings in shares of CA by 4.2% during the 2nd quarter. D.A. Davidson & CO. now owns 4,227 shares of the technology company’s stock valued at $145,000 after buying an additional 169 shares during the period. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of CA by 56.3% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,270 shares of the technology company’s stock valued at $210,000 after buying an additional 2,259 shares during the period. Magnetar Financial LLC bought a new position in shares of CA during the 3rd quarter valued at $231,000. Finally, Atria Investments LLC bought a new position in shares of CA during the 4th quarter valued at $248,000. 68.75% of the stock is currently owned by institutional investors and hedge funds.
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CA Company Profile
CA, Inc (CA) is engaged in providing software solutions enabling customers to plan, develop, manage and secure applications and enterprise environments across distributed, cloud, mobile and mainframe platforms. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services.
