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.
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.
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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.