CA (CA) : Zacks Investment Research ranks CA (CA) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 3.22, which indicates as a Hold.
CA (CA) stock is expected to deviate a maximum of $5.09 from the average target price of $31.67 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $38 and the most muted being $24.
Company shares have received an average consensus rating of Hold for the current week CA (NASDAQ:CA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.27 and $33.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.35, notching a gain of 0.38% for the day. The total traded volume was 1,216,685 . The stock had closed at $34.22 on the previous day.
In a related news,The officer (EVP, Chief Marketing Officer) of Ca, Inc., Flaherty Lauren Patricia sold 182,550 shares at $32.76 on June 9, 2016. The Insider selling transaction had a total value worth of $5,980,338. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
CA, Inc. (CA Technologies) is engaged in providing information technology (IT) management software and solutions. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services. The Mainframe Solutions segment products allow customers and partners transform mainframe management. The Enterprise Solutions segment consists of products, including DevOps, which allows customers to unite application development and IT operations; Management Cloud, which includes the Companys IT Business Management (ITBM) solutions, API Management solutions and Enterprise Mobility Management solutions, and Security, which consists of identity and access management. The Services segment consists of product implementation, consulting, customer education and customer training.