A statement released earlier today by Royal Bank Of Canada about MDC Partners Inc (NASDAQ:MDCA) bumps the target price to $12.00
- Updated: October 7, 2016
Yesterday MDC Partners Inc (NASDAQ:MDCA) traded -4.00% lower at $11.00. MDCA’s 50-day moving average is $11.80 and its 200-day moving average is $16.79. With the last stock price down -37.10% relative to the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Trading volume was up over the average, with 1,024,005 shares of MDCA changing hands over the typical 600,146
Royal Bank Of Canada upped the price target of MDC Partners Inc (NASDAQ:MDCA) to $12.00 indicating a possible upside of 0.09%.
With a total market value of $0, MDC Partners Inc has with a one year low of $10.32 and a one year high of $23.90 .
A total of 7 brokerages have released a report on MDC Partners Inc. Three brokers rating the stock a strong buy, six brokerages rating the company a buy, 1 broker rating the stock a hold, zero equity analysts rating the company a underperform, and finally 0 firms rating the stock a sell with a 12-month price target of $25.79.
General Company Details For MDC Partners Inc (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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