| High | $125.00 |
|---|---|
| Median | $77.00 |
| Low | $53.00 |
| Average | $78.65 |
| Current Price | $78.00 |
What is the price targets for Magna International Inc (MGA) stock?
The 19 analysts offering 12-month price forecasts for Magna International Inc have a median target of 79.00, with a high estimate of 125.00 and a low estimate of 53.00. The median estimate represents a +30.66% increase from the last price of 60.46. The current consensus among 22 polled investment analysts is to Buy stock in Magna International Inc.
What is the upside from Magna International's stock price?
According to analysts, Magna International's stock has a predicted upside of 10.91% based on their 12-month price targets. What analysts cover Magna International? Magna International has been rated by Barclays, Credit Suisse Group, Raymond James, TD Securities, and Wells Fargo & Company in the past 90 days.
Do analysts like Magna International stock more than its competitors?
Analysts like Magna International stock more than the stock of other Auto/Tires/Trucks companies. The consensus rating score for Magna International is 2.70 while the average consensus rating score for auto/tires/trucks companies is 2.51. Learn more Do MarketBeat users like Magna International more than its competitors?
What is the consensus rating for Magna International?
The consensus rating score for Magna International is 2.70 while the average consensus rating score for auto/tires/trucks companies is 2.51. Learn more Do MarketBeat users like Magna International more than its competitors?
Is Magna a good stock to buy now?
Magna International has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 6 buy ratings, 3 hold ratings, and 2 sell ratings.
Will Magna stock go Up?
Magna International Inc (NYSE:MGA) The 17 analysts offering 12-month price forecasts for Magna International Inc have a median target of 77.00, with a high estimate of 125.00 and a low estimate of 53.00. The median estimate represents a +25.94% increase from the last price of 61.14.
Is MGA a buy or sell?
The consensus among 8 Wall Street analysts covering (NYSE: MGA) stock is to Strong Buy MGA stock.
Will Magna stock recover?
Analysts believe the company will recover from 2021 in 2022, as global production recovers as well. In fact, Langan believes Magna stock will generate $1.8 billion in free cash flow this year. And that could be used for further buybacks and acquisitions.
Is Magna a buy or sell?
Magna International has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.
Is Magna overvalued?
Because Magna International is significantly overvalued, the long-term return of its stock is likely to be much lower than its future business growth, which averaged 3.7% over the past three years and is estimated to grow 0.20% annually over the next three to five years.
Is Magna a buy Zacks?
Zacks' proprietary data indicates that Magna International Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the MGA shares relative to the market in the next few months.
Is MGA a good investment?
This makes Magna International a solid choice for value investors, and some of its other key metrics make this pretty clear too. For example, the P/CF ratio (another great indicator of value) comes in at 5.53, which is far better than the industry average of 7.9.
Why is Magna falling?
CIBC downgrades Magna on VW exposure. Magna International (TSE:MG) fell on Wednesday after CIBC downgraded North America's largest auto-parts supplier in the wake of the Volkswagen emissions scandal.
What stocks should I buy TSX?
What are the top 5 Canadian dividend stocks?Enbridge Inc. (TSX: ENB.TO), with 6.25% yield.CIBC (TSX:CM.TO), with 5.76% yield.Keyera Corp (TSX:KEY), with 5.58% yield.TransAlta Renewables (TSX:RNW), with 5.27% yield.Granite REIT (TSX:GRT. UN), with 3.57% yield.
Why is Linamar stock dropping?
TORONTO -- Shares of Linamar Corp. lost 10 per cent Thursday after the auto parts maker warned that a strike at General Motors in the U.S. was taking a bite out of its bottom line. Linamar shares closed down $4.23 to $36.74 after falling as low as $35.33 in trading on the Toronto Stock Exchange.
Why is Magna International stock going down?
Magna International (TSE:MG) fell on Wednesday after CIBC downgraded North America's largest auto-parts supplier in the wake of the Volkswagen emissions scandal.
Why is Linamar stock dropping?
TORONTO -- Shares of Linamar Corp. lost 10 per cent Thursday after the auto parts maker warned that a strike at General Motors in the U.S. was taking a bite out of its bottom line. Linamar shares closed down $4.23 to $36.74 after falling as low as $35.33 in trading on the Toronto Stock Exchange.
What is Magna International's consensus rating and price target?
According to the issued ratings of 12 analysts in the last year, the consensus rating for Magna International stock is Hold based on the current 2...
Do Wall Street analysts like Magna International more than its competitors?
Analysts like Magna International stock less than the stock of other Auto/Tires/Trucks companies. The consensus rating score for Magna Internationa...
Do MarketBeat users like Magna International more than its competitors?
MarketBeat users like Magna International stock more than the stock of other Auto/Tires/Trucks companies. 67.24% of MarketBeat users gave Magna Int...
Is Magna International being upgraded by Wall Street analysts?
Over the previous 90 days, Magna International's stock had 1 upgrade by analysts.
Does Magna International's stock price have much upside?
According to analysts, Magna International's stock has a predicted upside of 22.84% based on their 12-month price targets.
What analysts cover Magna International?
Magna International has been rated by Barclays , Benchmark , BNP Paribas , Citigroup , Exane BNP Paribas , Morgan Stanley , Raymond James ,...
Magna International (TSE:MG) Price Target and Consensus Rating
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy).
Analyst Price Target Consensus
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Analyst Ratings By Month
The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Average Share Price and Price Target by Month
The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target.
Magna International (TSE:MG) Analyst Ratings Frequently Asked Questions
According to the issued ratings of 11 analysts in the last year, the consensus rating for Magna International stock is Buy based on the current 1 sell rating, 1 hold rating and 9 buy ratings for MG. The average twelve-month price target for Magna International is C$104.22 with a high price target of C$137.50 and a low price target of C$85.00.
Stock Price Forecast
The 16 analysts offering 12-month price forecasts for Magna International Inc have a median target of 97.50, with a high estimate of 110.00 and a low estimate of 68.00. The median estimate represents a +26.71% increase from the last price of 76.95.
Analyst Recommendations
The current consensus among 17 polled investment analysts is to Buy stock in Magna International Inc. This rating has held steady since February, when it was unchanged from a Buy rating. Move your mouse over past months for detail
Analyst price target for MGA
Based on 5 analyst s offering 12 month price targets for Magna International Inc.
MGA earnings per share forecast
What is MGA 's earnings per share in the next 2 years based on estimates from 5 analyst s?
MGA revenue forecast
What is MGA 's revenue in the next 2 years based on estimates from 2 analyst s?
MGA earnings growth forecast
How is MGA forecast to perform vs Auto Parts companies and vs the US market?
MGA revenue growth forecast
How is MGA forecast to perform vs Auto Parts companies and vs the US market?
