CA (NASDAQ:CA) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.78 by 9 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Brokerage firm Citigroup maintains its rating on CA (NASDAQ:CA). As per the latest information, the brokerage house raises the price target to $32 per share from a prior target of $28. The shares have been rated Neutral. The rating by the firm was issued on May 12, 2016.
CA (NASDAQ:CA): 6 Analyst have given the stock of CA (NASDAQ:CA) a near short term price target of $31. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $4.38. The higher price target estimate is at $36 while the lower price estimates are fixed at $24.
CA (NASDAQ:CA) rose 0.18% or 0.06 points on Tuesday and made its way into the gainers of the day. After trading began at $33.04 the stock was seen hitting $33.19 as a peak level and $32.96 as the lowest level. The stock ended up at $33.1. The daily volume was measured at 1,777,004 shares. The 52-week high of the share price is $33.27 and the 52-week low is $25.1562. The company has a market cap of $13,795 million.
Shares of CA, Inc. rose by 1.69% in the last five trading days and 6.59% for the last 4 weeks. CA, Inc. is up 7.28% in the last 3-month period. Year-to-Date the stock performance stands at 17.92%.
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.