MDA (OTC:MDALF) PT Lowered to C$10.50

MDA (OTC:MDALFGet Rating) had its price target decreased by analysts at Canaccord Genuity Group from C$12.00 to C$10.50 in a research note issued on Monday, The Fly reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 105.88% from the stock’s current price.

Several other equities analysts also recently weighed in on MDALF. Scotiabank initiated coverage on MDA in a research report on Friday, November 4th. They issued a “sector perform” rating on the stock. Royal Bank of Canada decreased their target price on MDA from C$15.00 to C$13.00 in a research report on Monday, August 15th. Finally, BMO Capital Markets reduced their price objective on MDA from C$11.00 to C$10.00 in a research report on Monday, August 15th.

MDA Price Performance

Shares of MDALF opened at C$5.10 on Monday. The stock’s 50 day moving average is C$5.18 and its two-hundred day moving average is C$6.02. MDA has a 12 month low of C$3.96 and a 12 month high of C$8.89.

MDA Company Profile

(Get Rating)

MDA Ltd. designs, manufactures, and services space robotics, satellite systems and components, and intelligence systems in Canada, the United States, Europe, Asia, the Middle East, and internationally. It offers geointelligence solutions that provide satellite-generated imagery and analytic services to deliver critical and value-added insights in the areas of national security, climate change monitoring, and maritime surveillance.

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