Macdonald Dettwiler & Associates Ltd (TSE:MDA) had its target price lifted by TD Securities from C$84.00 to C$87.00 in a report released on Tuesday morning.

Other analysts have also recently issued research reports about the stock. Royal Bank Of Canada raised their target price on shares of Macdonald Dettwiler & Associates from C$93.00 to C$94.00 and gave the company an outperform rating in a report on Monday, July 31st. Scotiabank raised their target price on shares of Macdonald Dettwiler & Associates from C$72.00 to C$78.00 and gave the company an outperform rating in a report on Wednesday, June 28th. Canaccord Genuity raised shares of Macdonald Dettwiler & Associates from a hold rating to a buy rating and raised their target price for the company from C$70.00 to C$80.00 in a report on Monday, July 31st. CIBC raised their target price on shares of Macdonald Dettwiler & Associates from C$83.00 to C$90.00 in a report on Friday, October 6th. Finally, CSFB raised their target price on shares of Macdonald Dettwiler & Associates from C$93.00 to C$97.00 and gave the company an outperform rating in a report on Tuesday, August 29th. Six investment analysts have rated the stock with a buy rating, The company has an average rating of Buy and an average price target of C$87.00.

Macdonald Dettwiler & Associates (TSE MDA) opened at 70.73 on Tuesday. The stock has a market cap of $2.58 billion and a P/E ratio of 25.26. The stock has a 50 day moving average of $68.78 and a 200-day moving average of $67.19. Macdonald Dettwiler & Associates has a 12 month low of $61.80 and a 12 month high of $80.28.

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The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were issued a $0.37 dividend. This is a boost from Macdonald Dettwiler & Associates’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $1.48 annualized dividend and a yield of 2.09%.

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.

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

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