RBC Capital Reiterates Their Buy Rating on MacDonald Dettwiler

By Jason Carr

In a latest note to investors, a research analyst has provided a rating update for the Consumer Goods sector company, MacDonald Dettwiler (TSX: MDA). Yesterday, analyst Steve Arthur gave a Buy rating to MDA and set a C$94 price target.

According to TipRanks.com, Arthur is ranked #651 out of 4160 analysts.

Currently, the analyst consensus on MacDonald Dettwiler is Strong Buy and the average price target is C$83.17, representing a 20.7% upside.

In a report issued on July 20, BMO Capital also reiterated a Buy rating on the stock with a C$81 price target.

The company has a one year high of C$90.23 and a one year low of C$61.80. Currently, MacDonald Dettwiler has an average volume of 155.4K.

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 Friday at C$68.89.