CA (NASDAQ:CA) : Zacks Investment Research ranks CA (NASDAQ:CA) as 3, which is a Hold recommendation. 3 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 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 2.78, which indicates as a Hold.
CA (NASDAQ:CA) : Currently there are 6 street experts covering CA (NASDAQ:CA) stock. The most bullish and bearish price target for the stock is $36 and $24 respectively for the short term. The average price target of all the analysts comes to $31. The estimated standard deviation from the target is $4.38.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Citigroup maintains the rating on CA (NASDAQ:CA). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the price target from $28 per share to $32 per share. The rating by the firm was issued on May 12, 2016.
CA (NASDAQ:CA): stock turned positive on Tuesday. Though the stock opened at $31.48, the bulls momentum made the stock top out at $31.66 level for the day. The stock recorded a low of $31.24 and closed the trading day at $31.62, in the green by 1.15%. The total traded volume for the day was 2,384,487. The stock had closed at $31.26 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Flaherty Lauren Patricia, officer (EVP, Chief Marketing Officer) of Ca, Inc., had unloaded 182,550 shares at an average price of $32.76 in a transaction dated on June 9, 2016. The total value of the transaction was worth $5,980,338.
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.