RBC Capital Markets disclosed MDC Partners (NYSE:MDCA), hiking its price target to $12.00 earlier today
- Updated: October 7, 2016
Reporting a potential upside of 0.14%, RBC Capital Markets raised the target price of MDC Partners (NYSE:MDCA) to $12.00
Yesterday MDC Partners (NYSE:MDCA) traded -0.36% lower at $10.57. MDC Partners’s 50-day moving average is $11.88 and its 200-day moving average is $16.88. The last closing price is down -34.82% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 344,772 shares of MDCA traded hands, down from an average trading volume of 589,332
Recent Performance Chart
MDC Partners has 52 week low of $10.32 and a 52 week high of $23.90 and has a market capitalization of $0.
In addition to RBC Capital Markets reporting its stock price target, a total of 7 brokers have issued a research note on the company. The average stock price target is $25.79 with 3 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On MDC Partners (NYSE: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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