Canaccord Genuity Sticks to Their Buy Rating for MDA Space Ltd (MDA)
Canaccord Genuity analyst maintained a Buy rating on MDA Space Ltd today and set a price target of C$37.00.
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Currently, the analyst consensus on MDA Space Ltd is a Strong Buy with an average price target of C$39.80.
Based on MDA Space Ltd’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of C$373.3 million and a net profit of C$27.2 million. In comparison, last year the company earned a revenue of C$242 million and had a net profit of C$11 million
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is neutral on the stock.
Read More on TSE:MDA:
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- MDA Earnings this Week: How Will it Perform?
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