This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Desjardins Keeps Their Buy Rating on MDA Space Ltd (MDA)

Tipranks - Tipranks - Tue Jun 9, 10:36PM CDT

Desjardins analyst Benoit Poirier maintained a Buy rating on MDA Space Ltd yesterday and set a price target of C$66.00.

Introducing TipRanks MCP for Agents

According to TipRanks, Poirier is ranked #159 out of 12231 analysts.

In addition to Desjardins, MDA Space Ltd also received a Buy from Stifel Nicolaus’s Greg MacDonald in a report issued on June 4. However, on May 29, ATB Cormark Capital Markets downgraded MDA Space Ltd (TSX: MDA) to a Hold.

See Insiders’ Hot Stocks on TipRanks >>

Based on MDA Space Ltd’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$464.1 million and a net profit of C$29.6 million. In comparison, last year the company earned a revenue of C$351 million and had a net profit of C$32.9 million

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MDA in relation to earlier this year.

Read More on TSE:MDA:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).