Macdonald Dettwiler & Associates Ltd (TSE:MDA) had its price target lowered by analysts at RBC Capital Markets from C$103.00 to C$100.00 in a report released on Monday. RBC Capital Markets’ price objective points to a potential upside of 24.02% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Scotiabank restated a “sector perform” rating and set a C$88.00 target price on shares of Macdonald Dettwiler & Associates in a report on Tuesday, July 26th. Royal Bank Of Canada reiterated an “outperform” rating and set a C$103.00 price target on shares of Macdonald Dettwiler & Associates in a report on Friday, July 22nd. Finally, TD Securities lowered their price target on shares of Macdonald Dettwiler & Associates from C$105.00 to C$100.00 and set a “buy” rating for the company in a report on Friday, July 29th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of C$94.57.

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

Macdonald Dettwiler & Associates (TSE:MDA) opened at 80.63 on Monday. The firm has a market capitalization of $2.93 billion and a price-to-earnings ratio of 23.80. The stock has a 50 day moving average of $85.92 and a 200 day moving average of $85.33. Macdonald Dettwiler & Associates has a one year low of $71.61 and a one year high of $92.92.

In related news, insider Howard Lance bought 11,656 shares of the firm’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, with a total value of C$999,968.24. Also, insider Peter Louis sold 7,424 shares of the firm’s stock in a transaction that occurred on Friday, August 5th. The stock was sold at an average price of C$86.82, for a total transaction of C$644,551.68.

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.

Receive News & Ratings for Macdonald Dettwiler & Associates Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Macdonald Dettwiler & Associates Ltd and related companies with MarketBeat.com's FREE daily email newsletter.