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Martinrea International - MRE Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$18.21
  • Forecasted Upside: 60.90%
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$11.32 As of 04/25/2024 01:00 AM ET
▼ -0.14 (-1.22%)

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

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Analyst Price Target for MRE

Analyst Price Target is C$18.21
▲ +60.90% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Martinrea International in the last 3 months. The average price target is C$18.21, with a high forecast of C$21.50 and a low forecast of C$15.00. The average price target represents a 60.90% upside from the last price of C$11.32.

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

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Current Consensus is Moderate Buy

The current consensus among 5 contributing investment analysts is to moderate buy stock in Martinrea International. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/2/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/31/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/1/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/30/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/28/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/26/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
3/1/2024TD SecuritiesDowngradeAction List Buy ➝ BuyC$21.00 ➝ C$19.00
3/1/2024Raymond JamesLower TargetOutperformC$20.00 ➝ C$18.00
3/1/2024CIBCLower TargetOutperformC$20.00 ➝ C$18.00
3/1/2024ScotiabankDowngradeOutperform ➝ Sector PerformC$18.50 ➝ C$15.00
1/31/2024ScotiabankBoost TargetOutperformC$15.50 ➝ C$18.50
12/19/2023CIBCUpgradeNeutral ➝ OutperformC$14.75 ➝ C$20.00
11/27/2023Paradigm CapitalLower TargetBuyC$24.00 ➝ C$21.50
11/9/2023ScotiabankLower TargetOutperformC$16.50 ➝ C$15.50
11/9/2023CormarkLower TargetC$21.50 ➝ C$19.00
10/20/2023CIBCLower TargetNeutralC$16.00 ➝ C$14.75
5/5/2023BMO Capital MarketsLower TargetC$18.00 ➝ C$17.00
5/5/2023CormarkLower TargetC$21.00 ➝ C$20.00
3/6/2023Pi FinancialBoost TargetC$16.00 ➝ C$20.00
3/3/2023Raymond JamesBoost TargetOutperformC$16.50 ➝ C$20.00
3/3/2023TD SecuritiesBoost TargetAction List BuyC$16.00 ➝ C$21.00
3/3/2023BMO Capital MarketsBoost TargetC$15.00 ➝ C$18.00
3/3/2023CIBCBoost TargetNeutralC$15.00 ➝ C$16.00
3/3/2023CormarkBoost TargetC$16.50 ➝ C$19.00
2/3/2023CIBCBoost TargetC$13.00 ➝ C$15.00
2/1/2023BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$12.00 ➝ C$15.00
1/25/2023TD SecuritiesBoost TargetAction List BuyC$15.00 ➝ C$16.00
12/23/2022CIBCBoost TargetC$11.00 ➝ C$13.00
12/7/2022ScotiabankBoost TargetC$13.00 ➝ C$16.00
11/2/2022Raymond JamesUpgradeMarket Perform ➝ OutperformC$12.00 ➝ C$13.50
11/2/2022CIBCBoost TargetNeutralC$10.00 ➝ C$11.00
11/2/2022BMO Capital MarketsBoost TargetC$10.00 ➝ C$10.50
11/2/2022ScotiabankBoost TargetC$12.50 ➝ C$13.00
10/20/2022CIBCLower TargetC$10.50 ➝ C$10.00
9/29/2022ScotiabankLower TargetC$14.00 ➝ C$12.50
8/9/2022Raymond JamesBoost TargetMarket PerformC$11.00 ➝ C$12.00
8/9/2022BMO Capital MarketsBoost TargetC$9.00 ➝ C$11.00
8/9/2022ScotiabankBoost TargetC$13.00 ➝ C$14.00
8/9/2022CIBCBoost TargetNeutralC$9.75 ➝ C$10.50
8/5/2022TD SecuritiesUpgradeBuy ➝ Action List BuyC$14.00
6/2/2022CIBCDowngradeOutperform ➝ HoldC$12.00 ➝ C$10.00
5/6/2022Raymond JamesSet TargetMarket PerformC$11.00
5/6/2022CIBCLower TargetOutperformC$13.00 ➝ C$12.00
5/6/2022ScotiabankBoost TargetC$12.00 ➝ C$13.00
4/25/2022CIBCLower TargetC$14.00 ➝ C$13.00
4/1/2022ScotiabankLower TargetC$16.00 ➝ C$12.00
3/4/2022Raymond JamesDowngradeOutperform ➝ HoldC$15.00 ➝ C$11.00
3/4/2022BMO Capital MarketsLower TargetC$11.50 ➝ C$10.00
3/4/2022ScotiabankLower TargetC$17.50 ➝ C$16.00
3/4/2022CIBCLower TargetOutperformC$16.00 ➝ C$14.00
3/4/2022TD SecuritiesLower TargetBuyC$15.50 ➝ C$14.00
1/14/2022ScotiabankBoost TargetC$16.00 ➝ C$17.50
11/9/2021ATB CapitalReiterated RatingOutperform
11/9/2021Pi FinancialLower TargetBuyC$17.50 ➝ C$15.50
11/8/2021Raymond JamesLower TargetOutperformC$17.00 ➝ C$15.00
11/8/2021BMO Capital MarketsLower TargetC$13.00 ➝ C$12.00
11/5/2021TD SecuritiesLower TargetBuyC$16.00 ➝ C$15.50
11/5/2021CIBCLower TargetOutperformC$19.00 ➝ C$16.00
11/5/2021ScotiabankLower TargetC$17.50 ➝ C$16.00
10/8/2021TD SecuritiesReiterated RatingBuyC$17.00 ➝ C$16.00
10/7/2021ScotiabankLower TargetC$19.00 ➝ C$17.50
10/7/2021TD SecuritiesBoost TargetNAC$16.00 ➝ C$17.00
9/30/2021Pi FinancialReiterated RatingBuy
9/28/2021Raymond JamesLower TargetOutperformC$18.00 ➝ C$17.00
9/22/2021BMO Capital MarketsLower TargetNAC$14.00 ➝ C$13.00
8/11/2021CIBCLower TargetOutperformC$19.00
7/27/2021CIBCReiterated RatingOutperformC$22.00
7/22/2021TD SecuritiesReiterated RatingHold ➝ BuyC$17.00
7/16/2021Raymond JamesReiterated RatingOutperformC$18.00
5/8/2021BMO Capital MarketsLower TargetC$17.00 ➝ C$16.00
5/7/2021BMO Capital MarketsBoost TargetNAC$16.00 ➝ C$17.00
5/7/2021ScotiabankBoost TargetC$18.50 ➝ C$19.00
5/7/2021TD SecuritiesBoost TargetHoldC$17.00 ➝ C$18.00
5/7/2021Raymond JamesBoost TargetOutperformC$18.00
4/30/2021TD SecuritiesLower TargetHoldC$18.50 ➝ C$18.00
3/5/2021TD SecuritiesDowngradeBuy ➝ HoldC$22.00 ➝ C$18.50
3/5/2021Raymond JamesDowngradeStrong-Buy ➝ OutperformC$18.00
3/5/2021ScotiabankLower TargetC$19.50 ➝ C$18.50
3/5/2021CIBCBoost TargetC$21.00 ➝ C$22.00
3/5/2021BMO Capital MarketsBoost TargetC$16.00 ➝ C$17.00
2/3/2021CIBCBoost TargetOutperformC$20.00 ➝ C$21.00
1/8/2021Royal Bank of CanadaBoost TargetOutperformC$19.00 ➝ C$21.00
12/18/2020TD SecuritiesBoost TargetBuyC$18.00 ➝ C$22.00
12/7/2020CIBCBoost TargetOutperformC$16.50 ➝ C$20.00
11/25/2020ScotiabankBoost TargetC$17.00 ➝ C$19.00
11/12/2020Raymond JamesBoost TargetStrong-BuyC$16.00 ➝ C$18.00
11/12/2020CormarkBoost TargetC$17.50 ➝ C$20.00
11/12/2020BMO Capital MarketsBoost TargetC$13.00 ➝ C$16.00
11/12/2020ScotiabankBoost TargetC$15.50 ➝ C$17.00
11/12/2020TD SecuritiesBoost TargetBuyC$15.00 ➝ C$18.00
11/12/2020CIBCBoost TargetC$14.50 ➝ C$16.50
11/12/2020Royal Bank of CanadaBoost TargetOutperformC$16.00 ➝ C$19.00
11/10/2020Raymond JamesUpgradeOutperform ➝ Strong-BuyC$16.00
10/26/2020TD SecuritiesUpgradeHold ➝ BuyC$14.00 ➝ C$15.00
9/14/2020Raymond JamesSet TargetOutperformC$16.00
8/11/2020Raymond JamesSet TargetOutperformC$16.00
7/20/2020CIBCBoost TargetC$13.00 ➝ C$14.50
6/26/2020BMO Capital MarketsLower TargetC$11.50 ➝ C$11.00
6/25/2020Raymond JamesSet TargetOutperformC$16.00
6/15/2020BMO Capital MarketsBoost TargetC$11.00 ➝ C$11.50
6/9/2020TD SecuritiesBoost TargetHoldC$9.00 ➝ C$14.00
6/9/2020Raymond JamesBoost TargetOutperformC$12.50 ➝ C$16.00
5/17/2020BMO Capital MarketsBoost TargetC$9.00 ➝ C$11.00
4/28/2020Royal Bank of CanadaLower TargetC$16.00 ➝ C$15.00
4/27/2020TD SecuritiesBoost TargetHoldC$8.00 ➝ C$9.00
4/23/2020ScotiabankLower TargetC$15.00 ➝ C$14.00
4/21/2020CIBCLower TargetC$13.50 ➝ C$13.00
3/30/2020CIBCLower TargetC$17.00 ➝ C$13.50
3/30/2020Raymond JamesLower TargetOutperformC$16.00 ➝ C$11.00
3/27/2020BMO Capital MarketsLower TargetC$11.00 ➝ C$9.00
3/27/2020TD SecuritiesLower TargetHoldC$14.00 ➝ C$8.00
3/19/2020ScotiabankLower TargetC$20.00 ➝ C$15.00
3/6/2020Raymond JamesSet TargetOutperformC$16.00
3/6/2020Royal Bank of CanadaLower TargetOutperformC$22.00 ➝ C$20.00
3/6/2020TD SecuritiesLower TargetHoldC$15.00 ➝ C$14.00
2/12/2020CIBCBoost TargetC$16.00 ➝ C$17.00
2/3/2020TD SecuritiesBoost TargetHoldC$14.00 ➝ C$15.00
12/20/2019Raymond JamesReiterated RatingOutperformC$16.00
11/27/2019ScotiabankBoost TargetC$17.50 ➝ C$19.00
11/13/2019TD SecuritiesDowngradeBuy ➝ HoldC$15.00 ➝ C$14.00
11/13/2019CIBCLower TargetC$17.00 ➝ C$16.00
8/7/2019BMO Capital MarketsLower TargetC$14.00 ➝ C$11.00
8/7/2019TD SecuritiesLower TargetBuyC$17.00 ➝ C$15.00
5/6/2019TD SecuritiesLower TargetBuyC$17.50 ➝ C$17.00
(Data available from 4/25/2019 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
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/28/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/28/2023
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/27/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/27/2023
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/26/2024
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/25/2024
  • 7 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024

Current Sentiment

  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

  • No very positive mentions tracked during this time.
Martinrea International logo
Martinrea International Inc. engages in the design, development, and manufacturing of engineered, value-added lightweight structures and propulsion systems worldwide. It offers lightweight structure products, including knuckles/control arms/links; subframes integral/fabricated products; complex assemblies; body structures; exterior trims; and trailer hitches. The company also provides engine blocks; transmission housings; graphene and nylon coated brake lines; fluid and thermal product, such as fuel filler pipes, brake lines, and thermal management components. In addition, the company offers flexible manufacturing products comprising front and rear suspension modules, front vertical corner modules, bus frame assemblies, structural parts and fabrications, and metallic tanks and reservoirs. The company was formerly known as Royal Laser Tech Corporation and changed its name to Martinrea International Inc. in June 2002. Martinrea International Inc. was incorporated in 1987 and is headquartered in Vaughan, Canada.
Read More

Today's Range

Now: C$11.32
Low: C$11.24
High: C$11.42

50 Day Range

MA: C$12.15
Low: C$10.82
High: C$14.20

52 Week Range

Now: C$11.32
Low: C$10.75
High: C$15.16

Volume

93,188 shs

Average Volume

209,869 shs

Market Capitalization

C$884.54 million

P/E Ratio

5.87

Dividend Yield

1.64%

Beta

2.29

Frequently Asked Questions

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

The following Wall Street research analysts have issued research reports on Martinrea International in the last twelve months: BMO Capital Markets, CIBC, Cormark, Paradigm Capital, Raymond James, Scotiabank, and TD Securities.
View the latest analyst ratings for MRE.

What is the current price target for Martinrea International?

7 Wall Street analysts have set twelve-month price targets for Martinrea International in the last year. Their average twelve-month price target is C$18.21, suggesting a possible upside of 60.9%. Paradigm Capital has the highest price target set, predicting MRE will reach C$21.50 in the next twelve months. Scotiabank has the lowest price target set, forecasting a price of C$15.00 for Martinrea International in the next year.
View the latest price targets for MRE.

What is the current consensus analyst rating for Martinrea International?

Martinrea International currently has 1 hold rating and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MRE.

What other companies compete with Martinrea International?

Other companies that are similar to Martinrea International include ABC Technologies, Exco Technologies, Uni-Select, Canadian Tire and CCL Industries. Learn More about companies similar to Martinrea International.

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

Martinrea International's physical mailing address is 3210 Langstaff Rd, CONCORD, ON L4K 5B2, Canada. The company's listed phone number is +1-416-7490314. The official website for Martinrea International is www.martinrea.com. Learn More about contacing Martinrea International investor relations.