Macdonald Dettwiler & Associates Ltd (MDA) Price Target Raised to C$90.00
A number of other analysts also recently weighed in on MDA. Scotiabank upped their price target on shares of Macdonald Dettwiler & Associates from C$72.00 to C$78.00 and gave the stock an outperform rating in a report on Wednesday, June 28th. TD Securities upped their price target on shares of 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 raised shares of Macdonald Dettwiler & Associates from a hold rating to a buy rating and upped their price target for the stock from C$70.00 to C$80.00 in a report on Monday, July 31st. Royal Bank Of Canada upped their price target on shares of 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. Finally, CSFB upped their price target on shares of 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 research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of Buy and an average target price of C$86.57.
Macdonald Dettwiler & Associates (TSE MDA) opened at 70.73 on Friday. The company has a market cap of $2.58 billion and a PE ratio of 25.26. Macdonald Dettwiler & Associates has a 1-year low of $61.80 and a 1-year high of $80.28. The stock has a 50 day moving average of $68.74 and a 200-day moving average of $67.17.
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The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date of this dividend was Thursday, September 14th. This is an increase from Macdonald Dettwiler & Associates’s previous quarterly dividend of $0.31.
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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