MDC Partners Gets a Hold Rating from RBC Capital

By Carrie Williams

RBC Capital analyst Steven Cahall reiterated a Hold rating on MDC Partners (NASDAQ: MDCA) on September 11 and set a price target of $12. The company’s shares opened today at $9.50.

According to TipRanks.com, Cahall is a 3-star analyst with an average return of 1.2% and a 44.4% success rate. Cahall covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Regal Entertainment, and Sinclair Broadcast.

MDC Partners has an analyst consensus of Moderate Buy, with a price target consensus of $12.50.

The company has a one year high of $12.40 and a one year low of $2.75. Currently, MDC Partners has an average volume of 362.7K.

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MDC Partners, Inc. one of the fastest-growing and most influential marketing and communications networks in the world. Our agency partners leverage technology, data analytics, insights, and strategic consulting solutions to drive measurable results and optimize return on marketing investment for over 1,700 clients worldwide.