Macdonald Dettwiler & Associates Ltd (MDA) Price Target Increased to C$97.00 by Analysts at CSFB
Macdonald Dettwiler & Associates Ltd (TSE:MDA) had its price target hoisted by CSFB from C$93.00 to C$97.00 in a research report released on Tuesday. CSFB currently has an outperform rating on the stock.
MDA has been the subject of a number of other research reports. Scotiabank reduced their target price on shares of Macdonald Dettwiler & Associates from C$78.00 to C$77.00 and set an outperform rating for the company in a research report on Monday, July 31st. Royal Bank Of Canada reduced their target price on shares of Macdonald Dettwiler & Associates from C$95.00 to C$93.00 and set an outperform rating for the company in a research report on Wednesday, May 3rd. Canaccord Genuity raised shares of Macdonald Dettwiler & Associates from a hold rating to a buy rating and boosted their target price for the company from C$70.00 to C$80.00 in a research report on Monday, July 31st. Finally, TD Securities cut their price objective on shares of Macdonald Dettwiler & Associates from C$83.00 to C$81.00 and set a buy rating for the company in a research report on Wednesday, May 3rd. Six investment analysts have rated the stock with a buy rating, Macdonald Dettwiler & Associates has a consensus rating of Buy and an average target price of C$85.57.
Shares of Macdonald Dettwiler & Associates (TSE:MDA) opened at 68.72 on Tuesday. The company’s 50 day moving average is $67.68 and its 200-day moving average is $66.87. The firm has a market cap of $2.50 billion and a PE ratio of 24.54. Macdonald Dettwiler & Associates has a 12 month low of $61.80 and a 12 month high of $87.04.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a dividend of $0.37 per share. This is a boost from Macdonald Dettwiler & Associates’s previous quarterly dividend of $0.31. The ex-dividend date is Thursday, September 14th. This represents a $1.48 annualized dividend and a yield of 2.15%.
In other news, Director Robert L. Phillips acquired 575 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The stock was acquired at an average price of C$62.98 per share, with a total value of C$36,213.50.
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.
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