CA Inc Gets a Hold Rating from Credit Suisse


Credit Suisse analyst Brad Zelnick maintained a Hold rating on CA Inc (NASDAQ: CA) on July 12 and set a price target of $37. The company’s shares closed yesterday at $44.06, close to its 52-week high of $44.20.

According to TipRanks.com, Zelnick is a 4-star analyst with an average return of 11.2% and a 72.6% success rate. Zelnick covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Cornerstone Ondemand, and Ultimate Software.

CA Inc has an analyst consensus of Hold, with a price target consensus of $39.20, a -11.0% downside from current levels. In a report issued on July 12, Wells Fargo also upgraded the stock to Hold with a $44.50 price target.

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The company has a one-year high of $44.20 and a one-year low of $30.45. Currently, CA Inc has an average volume of 3.7M.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

CA, Inc. engages in the provision of information technology management software and solutions. It operates through the following segments: Enterprise Solutions, Mainframe Solutions and Services. The Enterprise Solutions segment includes products that are designed for distributed and cloud computing environments and run on industry standard servers.

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