Royal Bank Of Canada Lowers Macdonald Dettwiler & Associates Ltd (MDA) Price Target to C$100.00
Macdonald Dettwiler & Associates Ltd (TSE:MDA) had its price objective cut by Royal Bank Of Canada from C$103.00 to C$100.00 in a report issued on Monday morning, StockTargetPrices.com reports. They currently have an outperform rating on the stock.
A number of other research analysts have also commented on MDA. Scotiabank reissued a sector perform rating and set a C$88.00 price objective on shares of Macdonald Dettwiler & Associates in a report on Monday, August 1st. TD Securities lowered their price objective on Macdonald Dettwiler & Associates from C$105.00 to C$100.00 and set a buy rating on the stock in a report on Friday, July 29th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of C$94.57.
Shares of Macdonald Dettwiler & Associates (TSE:MDA) opened at 81.76 on Monday. Macdonald Dettwiler & Associates has a one year low of $71.61 and a one year high of $92.92. The company has a market capitalization of $2.97 billion and a P/E ratio of 24.13. The stock has a 50 day moving average price of $85.69 and a 200-day moving average price of $85.27.
In other news, insider Howard Lance acquired 11,656 shares of Macdonald Dettwiler & Associates stock in a transaction on Wednesday, September 7th. The stock was bought at an average price of C$85.79 per share, for a total transaction of C$999,968.24. Also, insider Peter Louis sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 8th. The stock was sold at an average price of C$87.86, for a total value of C$439,300.00.
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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