Macdonald Dettwiler & Associates Ltd (TSE:MDA) has been given a consensus recommendation of “Buy” by the nine analysts that are currently covering the stock. One analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$91.75.

A number of research analysts have recently weighed in on the company. CSFB restated an “outperform” rating and issued a C$93.00 target price on shares of Macdonald Dettwiler & Associates in a report on Tuesday. Raymond James Financial Inc. dropped their target price on Macdonald Dettwiler & Associates from C$93.00 to C$84.00 in a report on Wednesday, November 2nd. Scotiabank dropped their target price on Macdonald Dettwiler & Associates from C$88.00 to C$85.00 and set a “sector perform” rating on the stock in a report on Wednesday, November 2nd. TD Securities raised their target price on Macdonald Dettwiler & Associates from C$97.00 to C$100.00 and gave the company a “buy” rating in a report on Wednesday, November 2nd. Finally, CIBC dropped their target price on Macdonald Dettwiler & Associates from C$90.00 to C$86.00 in a report on Wednesday, November 2nd.

Shares of Macdonald Dettwiler & Associates (TSE:MDA) traded down 1.13% on Wednesday, reaching $70.67. The company’s stock had a trading volume of 50,276 shares. The firm’s 50 day moving average is $76.64 and its 200-day moving average is $83.01. The stock has a market cap of $2.57 billion and a P/E ratio of 22.63. Macdonald Dettwiler & Associates has a 52-week low of $69.52 and a 52-week high of $92.92.

In other Macdonald Dettwiler & Associates news, insider Howard Lance purchased 11,656 shares of the company’s stock in a transaction that occurred on Wednesday, September 7th. The shares were acquired at an average cost of C$85.79 per share, for a total transaction of C$999,968.24.

Macdonald Dettwiler & Associates Company Profile

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.

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