Equities researchers at CIBC lifted their target price on shares of Macdonald, Dettwiler (TSE: MDA) from $72.00 to $78.00 in a report issued on Friday. The firm currently has a “sector outperform” rating on the stock.
Shares of Macdonald, Dettwiler opened at 71.00 on Friday. Macdonald, Dettwiler has a one year low of $39.64 and a one year high of $72.10. The stock’s 50-day moving average is currently $64.43. The company has a market cap of $2.261 billion and a P/E ratio of 26.89.
Several other analysts have also recently commented on the stock. Analysts at National Bank Financial raised their price target on shares of Macdonald, Dettwiler from $75.00 to $80.00 in a research note to investors on Friday. Separately, analysts at Salman Partners raised their price target on shares of Macdonald, Dettwiler from $69.00 to $80.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Finally, analysts at National Bank of Greece raised their price target on shares of Macdonald, Dettwiler from $75.00 to $80.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock.
MacDonald, Dettwiler and Associates Ltd. (MDA) offers ground-based and space-based information solutions that support the operational needs of government, both military and civilian, and commercial customers worldwide.
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