GMP FirstEnergy Remains a Buy on MacDonald Dettwiler

By Jason Carr

On June 28, an analyst has provided a rating update for the Consumer Goods sector company, MacDonald Dettwiler (TSX: MDA). Analyst Deepak Kaushal from GMP FirstEnergy reiterated a Buy rating, with a C$95 price target on June 28.

According to TipRanks.com, Kaushal is ranked #2103 out of 4600 analysts.

Currently, the analyst consensus on MacDonald Dettwiler is Strong Buy and the average price target is C$83, representing a 21.6% upside.

In a report issued on June 28, Scotiabank also upgraded the stock to Buy with a C$78 price target.

MacDonald Dettwiler’s market cap is currently C$2.48B and has a P/E ratio of 23.9.

MacDonald, Dettwiler & Associates Ltd. engages in the provision of operational solutions to commercial and government organizations worldwide. It operates through the following segments: Communications, and Surveillance and Intelligence.

The company’s shares closed on Thursday at $68.25.