TSE:MG - Magna International Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$86.00
  • Forecasted Upside: 20.36 %
  • Number of Analysts: 12
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 9 Buy Ratings
  • 0 Strong Buy Ratings
C$71.45
▲ +1 (1.42%)

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

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Analyst Price Target for MG

Analyst Price Target is C$86.00
▲ +20.36% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Magna International in the last 3 months. The average price target is C$86.00, with a high forecast of C$0.00 and a low forecast of C$0.00. The average price target represents a 20.36% upside from the last price of C$71.45.

This chart shows the closing price for MG 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 12 investment analysts is to buy stock in Magna International. This rating has held steady since January 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/11/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/11/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/10/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/8/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/6/2022
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/6/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/5/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/5/2022

Latest Recommendations

  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/1/2022Morgan StanleyReiterated RatingBuyC$84.00
6/1/2022The Goldman Sachs GroupReiterated RatingBuyC$72.00
5/3/2022BarclaysReiterated RatingHoldC$82.00
5/2/2022Credit Suisse GroupReiterated RatingOverweightC$78.00
5/2/2022Wells Fargo & CompanyLower Price TargetOverweightC$72.00
4/6/2022Morgan StanleyReiterated RatingBuyC$90.00
4/5/2022CitigroupLower Price TargetBuyC$117.00 ➝ C$101.00
3/16/2022Raymond JamesUpgradeHoldC$68.00
3/8/2022BMO Capital MarketsDowngradeHoldC$63.00
2/14/2022Raymond JamesReiterated RatingUnderperformC$86.50
2/14/2022Wells Fargo & CompanyBoost Price TargetOverweightC$85.00
2/14/2022BenchmarkReiterated RatingBuyC$92.00
1/26/2022JPMorgan Chase & Co.Reiterated RatingBuyC$106.00
12/16/2021Wells Fargo & CompanyUpgradeBuyC$93.00
11/12/2021Credit Suisse GroupReiterated RatingOutperform
11/12/2021CSFBReiterated RatingOutperform
10/20/2021Raymond JamesDowngradeSellC$69.00
10/14/2021Morgan StanleyInitiated CoverageBuyC$96.00
10/11/2021BarclaysDowngradeHoldC$87.00
10/5/2021CIBCLower Price TargetOutperformC$142.00 ➝ C$128.00
9/28/2021Raymond JamesLower Price TargetMarket PerfomC$92.00 ➝ C$83.00
8/25/2021CIBCReiterated RatingOutperformC$142.00
8/6/2021CIBCReiterated RatingOutperformC$142.00
7/23/2021CIBCBoost Price TargetOutperformC$142.00
6/24/2021The Goldman Sachs GroupBoost Price TargetNeutral ➝ BuyC$97.00 ➝ C$120.00
5/7/2021Raymond JamesBoost Price TargetMarket PerformC$113.00
4/23/2021TD SecuritiesBoost Price TargetBuyC$137.50
2/22/2021TD SecuritiesBoost Price TargetBuyC$100.00
2/22/2021Raymond JamesBoost Price TargetMarket PerformC$85.00
2/5/2021TD SecuritiesBoost Price TargetBuyC$85.00
12/3/2020The Goldman Sachs GroupBoost Price TargetC$77.00 ➝ C$85.00
11/10/2020Raymond JamesBoost Price TargetMarket PerformC$52.00 ➝ C$61.50
3/21/2019BMO Capital MarketsDowngradeOutperform ➝ Market Perform
2/25/2019CIBCBoost Price TargetC$60.00 ➝ C$63.00
2/25/2019JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightC$66.00 ➝ C$67.00
10/2/2018Wolfe ResearchReiterated RatingOutperformC$67.00
9/21/2018CormarkBoost Price TargetC$72.00 ➝ C$73.00
1/18/2018BMO Capital MarketsSet Price TargetMarket PerformC$61.00
(Data available from 7/5/2017 forward)

News Sentiment Rating

0.20 (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

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/7/2021
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/6/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/5/2022
  • 2 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/7/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/6/2022
  • 5 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/6/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
6/5/2022
  • 1 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/5/2022

Current Sentiment

  • 1 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Magna International logo
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors. The Power & Vision segment offers hybrid and electric drive systems, motors, inverters, onboard chargers, and e-clutch; dedicated hybrid, dual and hybrid dual, and manual transmissions; AWD/4WD products and rear drive modules; transmission, engine, driveline components, engine drive plates, and accessories; engineering services; advanced driver assistance systems and sensors, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
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Today's Range

Now: C$71.45
Low: C$68.39
High: C$71.51

50 Day Range

MA: C$77.15
Low: C$70.45
High: C$84.03

52 Week Range

Now: C$71.45
Low: C$68.39
High: C$114.66

Volume

801,193 shs

Average Volume

1,018,301 shs

Market Capitalization

C$21.08 billion

P/E Ratio

13.15

Dividend Yield

3.26%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Magna International?

The following sell-side analysts have issued reports on Magna International in the last twelve months: Barclays PLC, Benchmark Co., BMO Capital Markets, CIBC, Citigroup Inc., Credit Suisse Group AG, CSFB, JPMorgan Chase & Co., Morgan Stanley, Raymond James, The Goldman Sachs Group, Inc., and Wells Fargo & Company.
View the latest analyst ratings for MG.

What is the current price target for Magna International?

0 Wall Street analysts have set twelve-month price targets for Magna International in the last year. Their average twelve-month price target is C$86.00, suggesting a possible upside of 20.4%.
View the latest price targets for MG.

What is the current consensus analyst rating for Magna International?

Magna International currently has 3 hold ratings and 9 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MG will outperform the market and that investors should add to their positions of Magna International.
View the latest ratings for MG.

How do I contact Magna International's investor relations team?

Magna International's physical mailing address is 337 Magna Dr, AURORA, ON L4G 7K1, Canada. The company's listed phone number is +1-905-7262462. The official website for Magna International is www.magna.com. Learn More about contacing Magna International investor relations.