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ATB Cormark Capital Markets Sticks to Its Buy Rating for Magellan Aerospace (MAL)

Tipranks - Sat Apr 18, 7:36AM CDT

In a report released today, from ATB Cormark Capital Markets maintained a Buy rating on Magellan Aerospace, with a price target of C$31.00.

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Magellan Aerospace has an analyst consensus of Moderate Buy, with a price target consensus of C$28.00.

Based on Magellan Aerospace’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$278.33 million and a net profit of C$10.58 million. In comparison, last year the company earned a revenue of C$240.7 million and had a net profit of C$15.88 million

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