A report released today by RBC Capital about MDC Partners (NASDAQ:MDCA) ups the target price to $12.00
- Updated: October 6, 2016
MDC Partners (NASDAQ:MDCA) had its price target bumped up to $12.00 by RBC Capital in a report issued 10/7/2016. The updated target price indicates a possible upside of 0.09% from the company's last close.
Having a price of $11.00, MDC Partners (NASDAQ:MDCA) traded -0.36% lower on the day. With the last close down -34.82% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. MDCA has recorded a 50-day average of $11.88 and a two hundred day average of $16.88. Trading volume was down over the average, with 344,772 shares of MDCA changing hands under the typical 589,332
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MDC Partners has a with a one year low of $10.32 and a one year high of $23.90 MDCA’s total market value is presently $0.
A total of 7 firms have issued a report on MDCA. 3 brokerages rating the company a strong buy, six brokers rating the stock a buy, 1 brokerage rating the stock a hold, 0 firms rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $25.79.
Brief Synopsis On MDC Partners (NASDAQ:MDCA)
MDC Partners Inc. is a provider of marketing, advertising, activation, communications and strategic consulting solutions. The Company's segment is Advertising and Communications. It operates through a network of Partner Firms. The Advertising and Communications segment consists of integrated marketing consulting services to Partner Firms that offers advertising, marketing, media, communications solutions, and specialized consumer insights and analytics, including global advertising and marketing services; media buying, planning and optimization; interactive and mobile marketing; direct marketing; public relations; corporate communications; market research; corporate identity and branding services; sales promotion; the design, development, research and implementation of consumer services, and direct marketing services. In addition, certain firms also provide consumer activation services, investor relation services and/or general public insights.
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