MDA Space (NYSE:MDA) Research Coverage Started at Jefferies Financial Group

Jefferies Financial Group assumed coverage on shares of MDA Space (NYSE:MDA) in a research report released on Monday,Benzinga reports. The brokerage issued a buy rating and a $41.00 price target on the stock.

MDA Space Stock Up 0.6%

MDA traded up $0.17 during trading on Monday, reaching $29.57. The company’s stock had a trading volume of 43,041 shares, compared to its average volume of 854,222. MDA Space has a 52-week low of $23.23 and a 52-week high of $33.75.

About MDA Space

MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, space exploration, and infrastructure. The Company collaborates and partners with governments and space agencies, commercial space companies, and defence and aerospace prime contractors in the space industry. Geographically, it generates the majority of its revenue from Canada.