Jefferies Financial Group began coverage on shares of
MDA Space (NYSE:MDA - Get Free Report) in a note issued to investors on Monday,
Benzinga reports. The firm set a "buy" rating and a $41.00 price target on the stock. Jefferies Financial Group's target price points to a potential upside of 39.36% from the company's previous close.
MDA Space Stock Up 0.1%
MDA traded up $0.02 during midday trading on Monday, hitting $29.42. 17,016 shares of the company were exchanged, compared to its average volume of 852,752. MDA Space has a 1-year low of $23.23 and a 1-year high of $33.75.
MDA Space Company Profile
(
Get Free Report)
MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, space exploration, and infrastructure. The Company collaborates and partners with governments and space agencies, commercial space companies, and defence and aerospace prime contractors in the space industry. Geographically, it generates the majority of its revenue from Canada.
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