CA (CA) : Currently there are 6 street experts covering CA (CA) stock. The most bullish and bearish price target for the stock is $38 and $24 respectively for the short term. The average price target of all the analysts comes to $31.83. The estimated standard deviation from the target is $4.96.
CA (CA) : 8 analysts are covering CA (CA) and their average rating on the stock is 3.25, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Also, Major Brokerage house, Citigroup maintains its ratings on CA (NASDAQ:CA). In the latest research report, Citigroup raises the target price from $32 per share to $33 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on July 28, 2016.
CA (NASDAQ:CA): The stock was completely flat for the day, closing at $33.91 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $33.95, the stock touched an intraday high of $34.06 and a low of $33.65. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $33.91. The total trading volume on Thursday was 2,669,996.
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.