Analysts take a look at Magna International Inc. (NYSE:MGA) having this to say.

Magna International Inc. (NYSE:MGA) Logo

Magna International Inc. (NYSE:MGA) Ratings Coverage

Among 8 analysts covering Magna International (NYSE:MGA), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. Magna International had 14 analyst reports since October 12, 2018 according to SRatingsIntel. As per Wednesday, February 27, the company rating was maintained by Citigroup. The stock of Magna International Inc. (NYSE:MGA) has “Buy” rating given on Monday, February 25 by Bank of America. The firm has “Hold” rating by Barclays Capital given on Sunday, February 24. The firm has “Buy” rating by Citigroup given on Friday, October 12. The stock of Magna International Inc. (NYSE:MGA) has “Market Perform” rating given on Thursday, March 21 by BMO Capital Markets. On Thursday, January 10 the stock rating was upgraded by TD Securities to “Buy”. The stock of Magna International Inc. (NYSE:MGA) earned “Outperform” rating by Wells Fargo on Monday, February 25. The firm has “Sell” rating given on Tuesday, February 26 by Morgan Stanley. The stock of Magna International Inc. (NYSE:MGA) earned “Buy” rating by BMO Capital Markets on Friday, February 22. Below is a list of Magna International Inc. (NYSE:MGA) latest ratings and price target changes.

05/04/2019 Broker: BidaskScore Rating: Hold Upgrade
29/03/2019 Broker: BidaskScore Rating: Sell Upgrade
21/03/2019 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Market Perform Old Target: $64 New Target: $55 Downgrade
09/03/2019 Broker: BidaskScore Rating: Sell Downgrade
27/02/2019 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $63 New Target: $66 Maintain
26/02/2019 Broker: Morgan Stanley Rating: Sell New Target: $45 Maintain
25/02/2019 Broker: Bank of America Rating: Buy New Target: $75 Maintain
24/02/2019 Broker: Barclays Capital Rating: Hold New Target: $54 Maintain
25/02/2019 Broker: Wells Fargo Old Rating: Outperform New Rating: Outperform Old Target: $62 New Target: $63 Maintain
22/02/2019 Broker: BMO Capital Markets Rating: Buy New Target: $64 Maintain

The stock decreased 0.26% or $0.14 during the last trading session, reaching $53.55. About 513,080 shares traded. Magna International Inc. (NYSE:MGA) has declined 1.92% since April 11, 2018 and is downtrending. It has underperformed by 6.29% the S&P500.

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Magna International Inc. designs, develops, and makes automotive systems, assemblies, modules, and components in North America, Europe, Asia, and South America. The company has market cap of $17.37 billion. The firm offers engineering and contract manufacturing services, and fuel systems; electric/electronic components and systems; roof systems comprising softtops, retractable hardtops, modular tops, and hardtops; and closures, including latching systems, hinges and wire forming, power closures, electronics, door modules, window systems engineered glass, sealing, trim and roof racks, roof systems, testing centers, and running boards. It has a 8.1 P/E ratio. It also provides interior and exterior mirrors, actuators, electronic vision systems, door handle and overhead console technologies, and front and signal lightings; complete seating systems, mechanism solutions, seat structure solutions, foam and trim products, and design and development solutions; and fascia and exterior trims, liftgate and exterior modules, front end modules, ACTERO active aerodynamics, and lightweight composites.

More notable recent Magna International Inc. (NYSE:MGA) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For March 21, 2019 – Benzinga” on March 21, 2019, also Fool.ca with their article: “1 Stock That Combines Exposure to Trump, Brexit and Self-driving Cars – The Motley Fool Canada” published on April 04, 2019, Globenewswire.com published: “Magna Announces Outlook NYSE:MGA – GlobeNewswire” on January 15, 2019. More interesting news about Magna International Inc. (NYSE:MGA) were released by: Fool.ca and their article: “Play Your Trump Card With These 4 Stocks – The Motley Fool Canada” published on March 29, 2019 as well as Fool.ca‘s news article titled: “2 Stocks to Watch Ahead of Canada’s Election Season – The Motley Fool Canada” with publication date: March 23, 2019.

Magna International Inc. (NYSE:MGA) Ratings Chart