CA (CA) has an average broker rating of 3.25, which is interpreted as a Hold, as rated by 8 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
CA (CA) : The most positive equity analysts on CA (CA) expects the shares to touch $38, whereas, the least positive believes that the stock will trade at $24 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $31.83 with an expected fluctuation of $4.96 from the mean.
Also, Equity analysts at the Brokerage firm Citigroup maintains its rating on CA (NASDAQ:CA). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Citigroup raises the price target from $32 per share to $33 per share. The rating by the firm was issued on July 28, 2016.
CA (NASDAQ:CA): After opening at $32.17, the stock dipped to an intraday low of $31.97 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $32.495 and the buying power remained strong till the end. The stock closed at $32.47 for the day, a gain of 0.71% for the day session. The total traded volume was 2,719,490. The stocks close on the previous trading day was $32.24.
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.