After Today’s Huge Increase, Is Macdonald Dettwiler & Associates Ltd’s Near-Term Analysis Positive?

 After Today's Huge Increase, Is Macdonald Dettwiler & Associates Ltd's Near Term Analysis Positive?

The stock of Macdonald Dettwiler & Associates Ltd (TSE:MDA) is a huge mover today! About 27,552 shares traded hands. Macdonald Dettwiler & Associates Ltd (TSE:MDA) has declined 18.24% since April 21, 2016 and is downtrending. It has underperformed by 23.65% the S&P500.
The move comes after 7 months positive chart setup for the $2.64 billion company. It was reported on Nov, 25 by Barchart.com. We have $77.54 PT which if reached, will make TSE:MDA worth $211.20 million more.

Macdonald Dettwiler & Associates Ltd (TSE:MDA) Ratings Coverage

Out of 6 analysts covering MacDonald Dettwiler & Associates (TSE:MDA), 3 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. $107 is the highest target while $84 is the lowest. The $90.11 average target is 25.50% above today’s ($71.8) stock price. MacDonald Dettwiler & Associates has been the topic of 26 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating by Scotia Capital given on Friday, July 29. RBC Capital Markets maintained it with “Outperform” rating and $103 target price in Friday, July 22 report. RBC Capital Markets maintained the shares of MDA in a report on Monday, October 24 with “Outperform” rating. The stock of Macdonald Dettwiler & Associates Ltd (TSE:MDA) has “Sector Perform” rating given on Thursday, October 29 by Barclays Capital.

MacDonald, Dettwiler and Associates Ltd. is a Canada communications and information company. The company has a market cap of $2.64 billion. The Firm provides operational solutions to commercial and government organizations across the world. It has a 23.38 P/E ratio. MDA operates through two divisions: Communications segment, and Surveillance and Intelligence segment.

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