MDA (TSE:MDA) had its price target decreased by Scotiabank from C$24.00 to C$23.00 in a report released on Thursday, BayStreet.CA reports. Scotiabank’s price objective points to a potential upside of 54.99% from the stock’s current price.
Separately, BMO Capital Markets started coverage on shares of MDA in a research note on Tuesday, April 27th. They set a “market perform” rating and a C$17.00 price target for the company.
Shares of TSE:MDA opened at C$14.84 on Thursday. The firm has a 50 day moving average price of C$30.24. The stock has a market cap of C$1.77 billion and a P/E ratio of -412.22. MDA has a 52 week low of C$14.05 and a 52 week high of C$18.88.
MDA Ltd. develops and manufactures space technology systems. The company offers geointelligence solutions and services related to earth observation and intelligence systems that provide satellite-generated imagery and data to deliver critical and value-added insights in the areas of national security, climate change monitoring, and commerce.
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