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TSE:MG - Magna International Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$111.83
  • Forecasted Upside: -4.37 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$116.94
▲ +1.65 (1.43%)
1 month | 3 months | 12 months
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Analyst Price Target for MG

i We calculate 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 consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
C$111.83
▼ -4.37% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Magna International in the last 3 months. The average price target is C$111.83, with a high forecast of C$137.50 and a low forecast of C$85.00. The average price target represents a -4.37% upside from the last price of C$116.94.

Buy

The current consensus among 2 polled 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

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
11/23/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
2/21/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/21/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/19/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/17/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/15/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/16/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/16/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/7/2021Raymond JamesBoost Price TargetMarket PerformC$113.00
i
4/23/2021TD SecuritiesBoost Price TargetBuyC$137.50
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2/22/2021TD SecuritiesBoost Price TargetBuyC$100.00
i
2/22/2021Raymond JamesBoost Price TargetMarket PerformC$85.00
i
2/5/2021TD SecuritiesBoost Price TargetBuyC$85.00
i
12/3/2020The Goldman Sachs GroupBoost Price TargetC$77.00 ➝ C$85.00
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11/10/2020Raymond JamesBoost Price TargetMarket PerformC$52.00 ➝ C$61.50
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4/16/2019Seaport Global SecuritiesReiterated RatingBuy
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Rating by M. Ward at Seaport Global Securities
3/21/2019BMO Capital MarketsDowngradeOutperform ➝ Market Perform
i
2/25/2019CIBCBoost Price TargetC$60.00 ➝ C$63.00
i
2/25/2019JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightC$66.00 ➝ C$67.00
i
10/2/2018Wolfe ResearchReiterated RatingOutperformC$67.00
i
9/21/2018CormarkBoost Price TargetC$72.00 ➝ C$73.00
i
1/18/2018BMO Capital MarketsSet Price TargetMarket PerformC$61.00
i
5/12/2017BMO Capital MarketsSet Price TargetMarket PerformC$47.00
i
5/12/2017Royal Bank of CanadaBoost Price TargetOutperformC$82.00
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2/27/2017TD SecuritiesReiterated RatingHoldC$50.00
i
2/27/2017ScotiabankSet Price TargetOutperformC$65.00
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2/27/2017TD SecuritiesSet Price TargetHoldC$50.00
i
2/16/2017TD SecuritiesReiterated RatingHoldC$50.00
i
2/16/2017TD SecuritiesSet Price TargetHoldC$50.00
i
1/12/2017ScotiabankReiterated RatingOutperformC$65.00
i
1/12/2017ScotiabankSet Price TargetOutperformC$65.00
i
1/12/2017Royal Bank of CanadaBoost Price TargetOutperformC$75.50
i
1/6/2017ScotiabankSet Price TargetOutperformC$65.00
i
12/19/2016Royal Bank of CanadaReiterated RatingOutperformC$73.00
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11/4/2016TD SecuritiesReiterated RatingBuyC$47.00
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11/4/2016ScotiabankSet Price TargetOutperformC$65.00
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11/4/2016TD SecuritiesSet Price TargetBuyC$47.00
i
10/28/2016TD SecuritiesReiterated RatingBuyC$47.00
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10/28/2016TD SecuritiesSet Price TargetBuyC$47.00
i
10/24/2016Royal Bank of CanadaReiterated RatingOutperformC$73.00
i
9/28/2016MacquarieReiterated RatingOutperform
i
8/9/2016TD SecuritiesBoost Price TargetBuyC$46.00 ➝ C$47.00
i
8/8/2016TD SecuritiesBoost Price TargetBuyC$46.00 ➝ C$47.00
i
8/8/2016CIBCBoost Price TargetSector PerformC$45.00 ➝ C$47.00
i
7/11/2016TD SecuritiesLower Price TargetBuyC$51.00 ➝ C$46.00
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6/28/2016BMO Capital MarketsDowngradeOutperform ➝ Market Perform
i
(Data available from 5/16/2016 forward)
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. The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. Its Body Exteriors & Structures segment provides body and chassis systems, as well as engineering and testing services; exterior systems, 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; and roof systems, such as modular and textile folding roofs, and hard and soft tops. The company's Power & Vision segment offers dedicated hybrid, dual and e-clutch, and manual transmissions; engine drive plates and accessories; AWD/4WD products, rear drive modules, and hybrid and battery electric drive systems; transmission, engine, and driveline components; advanced driver assistance systems, camera systems, ultrasonic sensors, and electronic controllers; interior and exterior mirrors, actuators, door handles, overhead consoles, and camera monitoring systems; head, tail, and fog lamps; signal and other lighting products; and latching systems, door modules, window systems, power closure systems, hinges and wire forming, and handle assemblies. Its Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The company's Complete Vehicles segment offers vehicle manufacturing and engineering services. It also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
Read More

Today's Range

Now: C$116.94
C$115.75
C$117.18

50 Day Range

MA: C$115.56
C$108.46
C$122.73

52 Week Range

Now: C$116.94
C$50.93
C$123.50

Volume

407,436 shs

Average Volume

780,987 shs

Market Capitalization

C$35.26 billion

P/E Ratio

26.10

Dividend Yield

1.83%

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: Raymond James, TD Securities, and The Goldman Sachs Group, Inc..
View the latest analyst ratings for MG.

What is the current price target for Magna International?

3 Wall Street analysts have set twelve-month price targets for Magna International in the last year. Their average twelve-month price target is C$111.83, suggesting a possible downside of 4.4%. TD Securities has the highest price target set, predicting MG will reach C$137.50 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of C$85.00 for Magna International in the next year.
View the latest price targets for MG.

What is the current consensus analyst rating for Magna International?

Magna International currently has 1 hold rating and 1 buy rating 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.

What other companies compete with Magna International?

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.