Macdonald Dettwiler & Associates Ltd (MDA) Given New C$90.00 Price Target at CIBC
Several other analysts have also recently weighed in on the company. CSFB boosted their price objective on 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. Scotiabank dropped their price objective on Macdonald Dettwiler & Associates from C$78.00 to C$77.00 and set an outperform rating for the company in a report on Monday, July 31st. Royal Bank Of Canada boosted their price objective on 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. Canaccord Genuity raised Macdonald Dettwiler & Associates from a hold rating to a buy rating and boosted their price objective for the stock from C$70.00 to C$80.00 in a report on Monday, July 31st. Finally, TD Securities boosted their price objective on 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. Six analysts have rated the stock with a buy rating, The stock has an average rating of Buy and a consensus price target of C$86.57.
Shares of Macdonald Dettwiler & Associates (TSE:MDA) traded up 2.88% during trading on Friday, hitting $70.73. 654,044 shares of the stock traded hands. Macdonald Dettwiler & Associates has a 1-year low of $61.80 and a 1-year high of $80.28. The company has a market cap of $2.58 billion and a PE ratio of 25.26. The company 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 disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a dividend of $0.37 per share. This is a boost from Macdonald Dettwiler & Associates’s previous quarterly dividend of $0.31. This represents a $1.48 annualized dividend and a yield of 2.09%. The ex-dividend date of this dividend was Thursday, September 14th.
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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