Magellan Aerospace - MALJF Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $14.00
  • Forecasted Upside: 131.02%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$6.06
▲ +0.31 (5.39%)

This chart shows the closing price for MALJF by one month, three months, or twelve months.

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Analyst Price Target for MALJF

Analyst Price Target is $14.00
▲ +131.02% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Magellan Aerospace in the last 3 months. The average price target is $14.00, with a high forecast of $14.00 and a low forecast of $14.00. The average price target represents a 131.02% upside from the last price of $6.06.

This chart shows the closing price for MALJF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 polled investment analysts is to buy stock in Magellan Aerospace. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/30/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/25/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/23/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/23/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/23/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
3/13/2024TD SecuritiesBoost TargetBuy ➝ Buy$13.50 ➝ $14.00
8/10/2023TD SecuritiesBoost TargetC$12.00 ➝ C$13.00
5/8/2023TD SecuritiesUpgradeHold ➝ Buy
3/13/2023TD SecuritiesLower TargetC$9.50 ➝ C$8.00
11/10/2022TD SecuritiesBoost TargetC$9.00 ➝ C$9.50
8/12/2022TD SecuritiesLower TargetC$9.50 ➝ C$9.00
5/11/2022TD SecuritiesLower TargetC$11.00 ➝ C$10.50
11/15/2021TD SecuritiesLower TargetHoldC$12.50 ➝ C$12.00
3/12/2021TD SecuritiesBoost TargetHold$10.00 ➝ $11.00
12/9/2020TD SecuritiesDowngradeBuy ➝ Hold
11/12/2020TD SecuritiesLower TargetBuy$10.50 ➝ $9.50
5/6/2020TD SecuritiesLower TargetBuy$11.50 ➝ $11.00
(Data available from 5/23/2019 forward)

News Sentiment Rating

-0.08 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/26/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
11/25/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/25/2023
  • 1 very positive mentions
  • 0 positive mentions
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  • 0 very negative mentions
1/24/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/23/2024
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/24/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/23/2024
  • 0 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/23/2024

Current Sentiment

  • 0 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Very Positive

  • No very positive mentions tracked during this time.
Magellan Aerospace logo
Magellan Aerospace Corporation, through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe. The company offers aero engine products, such as laser welded honeycomb and filament wound tubes, frames, compressor components, bypass ducts, hot section components, and aeroengine and helicopter drive shafts, as well as other flight safety critical machined components, including discs, seals, and spacers; and aerostructures comprising landing gear systems, wing ribs, spars and skins, bulkheads and fuselage components, tailcone assemblies, composite wing and fairing structures, horizontal and vertical stabilizers, plug and nozzle, exhaust systems, crown modules, and vane boxes and transition ducts. It also designs, engineers, and manufactures assemblies and components, such as stage rocket motors, solid propellant rocket motors, and rocket weapon systems; wire strike protection systems for helicopter safety; space solutions, including small satellite bus platforms and satellite subsystem equipment, as well as offers services for satellite assembly, integration, and testing; and aluminum and magnesium alloy sand castings, such as engine mounted accessory gearbox housings, helicopter power transmission housings, auxiliary power unit inlet and gearbox housings, engine front inlet and intermediate cases, engine front frames and fan cases, pump and accessory drive housings, and environmental control housings. In addition, the company offers maintenance, repair, and overhaul for various engine and components MRO, as well as lifecycle management services to logistics, fleet management, and engineering services. Magellan Aerospace Corporation was incorporated in 1996 and is headquartered in Mississauga, Canada.
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Today's Range

Now: $6.06
Low: $5.85
High: $6.16

50 Day Range

MA: $5.89
Low: $5.48
High: $6.21

52 Week Range

Now: $6.06
Low: $5.03
High: $6.29

Volume

3,080 shs

Average Volume

2,695 shs

Market Capitalization

N/A

P/E Ratio

6.36

Dividend Yield

2.00%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Magellan Aerospace?

The following Wall Street sell-side analysts have issued reports on Magellan Aerospace in the last year: TD Securities.
View the latest analyst ratings for MALJF.

What is the current price target for Magellan Aerospace?

1 Wall Street analysts have set twelve-month price targets for Magellan Aerospace in the last year. Their average twelve-month price target is $14.00, suggesting a possible upside of 131.0%. TD Securities has the highest price target set, predicting MALJF will reach $14.00 in the next twelve months. TD Securities has the lowest price target set, forecasting a price of $14.00 for Magellan Aerospace in the next year.
View the latest price targets for MALJF.

What is the current consensus analyst rating for Magellan Aerospace?

Magellan Aerospace currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MALJF will outperform the market and that investors should add to their positions of Magellan Aerospace.
View the latest ratings for MALJF.

What other companies compete with Magellan Aerospace?

How do I contact Magellan Aerospace's investor relations team?

Magellan Aerospace's physical mailing address is 3160 Derry Road East, Mississauga, ON L4T. The company's listed phone number is (905) 677-1889. The official website for Magellan Aerospace is www.magellan.aero. Learn More about contacing Magellan Aerospace investor relations.