Published On: Wed, Oct 19th, 2016

Analyst Coverage: Magna International, Inc. (NYSE:MGA)


Recently stock market analysts have updated their consensus ratings on shares of Magna International, Inc. (NYSE:MGA).

Most recent broker ratings

10/06/2016 – Magna International, Inc. had its “neutral” rating reiterated by analysts at Goldman Sachs. They now have a USD 43 price target on the stock.

09/28/2016 – Magna International, Inc. had its “outperform” rating reiterated by analysts at Macquarie.

08/09/2016 – Magna International, Inc. had its “buy” rating reiterated by analysts at TD Securities. They now have a USD 47 price target on the stock.

08/08/2016 – Magna International, Inc. had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 55 price target on the stock.

06/28/2016 – Magna International, Inc. was downgraded to “market perform” by analysts at BMO Capital Markets. They now have a USD 36 price target on the stock.

03/29/2016 – Magna International, Inc. had its “buy” rating reiterated by analysts at Citigroup.

03/17/2016 – Magna International, Inc. had its “overweight” rating reiterated by analysts at Morgan Stanley. They now have a USD 60 price target on the stock.

01/26/2016 – Magna International, Inc. had its “buy” rating reiterated by analysts at Deutsche Bank. They now have a USD 59 price target on the stock.

01/14/2016 – Magna International, Inc. had its “buy” rating reiterated by analysts at Canaccord Genuity. They now have a USD 56 price target on the stock.

12/23/2015 – Susquehanna began new coverage on Magna International, Inc. giving the company a “neutral” rating.

11/06/2015 – Magna International, Inc. was upgraded to “overweight” by analysts at JP Morgan. They now have a USD 61 price target on the stock.

10/01/2015 – Magna International, Inc. had its “sector outperform” rating reiterated by analysts at Scotiabank. They now have a USD 70 price target on the stock.

09/23/2015 – Magna International, Inc. was downgraded to “sector perform” by analysts at CIBC. They now have a USD 52 price target on the stock.

02/27/2015 – Magna International, Inc. had its “outperform” rating reiterated by analysts at Credit Suisse. They now have a USD 127 price target on the stock.

02/26/2015 – Magna International, Inc. had its “neutral” rating reiterated by analysts at Zacks. They now have a USD 116 price target on the stock.

Magna International, Inc. has a 50 day moving average of 41.32 and a 200 day moving average of 40.04. The stock’s market capitalization is 15.61B, it has a 52-week low of 30.41 and a 52-week high of 53.89.

The share price of the company (NYSE:MGA) was down -3.49%, with a high of 41.99during the day and the volume of Magna International, Inc. shares traded was 3079701.