NYSE:MGA

Magna International - MGA Price Target & Analyst Ratings

$51.47

+1.10 (+2.18%)

(As of 03/21/2023 12:00 AM ET)

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Today's Range: $51.28
▼
$51.85
50-Day Range: $50.18
▼
$67.68
52-Week Range: $45.58
▼
$68.92

Volume: 624,066 shs
Average Volume: 1.28 million shs
Market Capitalization: $14.72 billion

P/E Ratio: 25.61
Dividend Yield: 3.57%
Price Target: $62.17

Institutional Ownership

Magna International Consensus Rating and Price Target (2023)

MarketBeat calculates 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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's 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. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 13 Analyst Ratings

Consensus Analyst Price Target

$62.92
22.24% Upside

High Prediction	$74.00
Average Prediction	$62.92
Low Prediction	$51.00

Type	Current 3/21/22 to 3/21/23	1 Month Ago 2/19/22 to 2/19/23	3 Months Ago 12/21/21 to 12/21/22	1 Year Ago 3/21/21 to 3/21/22
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)	3 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$62.92	$62.92	$71.46	$88.10
Predicted Upside	22.24% Upside	12.63% Upside	26.13% Upside	19.80% Upside

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MGA Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MGA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Magna International Stock vs. The Competition

Type	Magna International	Auto/Tires/Trucks Companies	S&P 500
Consensus Rating Score	2.23	2.45	2.47
Consensus Rating	Hold	Hold	Hold
Predicted Upside	22.10% Upside	389.08% Upside	21.26% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/16/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$72.00 ➝ $65.00	+14.84%
2/14/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight	$60.00	+7.41%
2/14/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$65.00 ➝ $58.00	+3.72%
2/13/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$66.00 ➝ $53.00	-5.22%
2/13/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$59.00 ➝ $62.00	+10.05%
2/13/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform	$62.00 ➝ $56.00	-0.60%

2/13/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$74.00 ➝ C$65.00
2/13/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Colin Langan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight	$62.00 ➝ $51.00	-5.80%
1/9/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$102.00 ➝ $72.00	+16.88%
11/8/2022	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$77.00 ➝ $73.00	+29.07%
10/11/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$77.00 ➝ $66.00	+39.04%
9/29/2022	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$85.00 ➝ $65.00	+28.28%
4/11/2022	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Underperform
4/11/2022	Exane BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Underperform
2/14/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$102.00 ➝ $100.00	+32.08%
6/21/2021	Edward Jones Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
4/21/2021	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$98.00 ➝ $105.00	+13.75%
11/9/2020	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperformer	$59.00 ➝ $68.00	+18.43%
10/22/2020	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$60.00 ➝ $69.00	+24.39%

(Data available from 3/21/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

MGA Price Target - Frequently Asked Questions

What is Magna International's consensus rating and price target?: According to the issued ratings of 13 analysts in the last year, the consensus rating for Magna International stock is Hold based on the current 2 sell ratings, 6 hold ratings and 5 buy ratings for MGA. The average twelve-month price prediction for Magna International is $62.92 with a high price target of $74.00 and a low price target of $51.00. Learn more on MGA's analyst rating history.
Do Wall Street analysts like Magna International more than its competitors?: Analysts like Magna International less than other Auto/Tires/Trucks companies. The consensus rating score for Magna International is 2.23 while the average consensus rating score for auto/tires/trucks companies is 2.45. Learn more on how MGA compares to other companies.
Is Magna International being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Magna International's stock had 2 downgrades and 1 upgrade by analysts.

Does Magna International's stock price have much upside?: According to analysts, Magna International's stock has a predicted upside of 12.63% based on their 12-month price targets.
What analysts cover Magna International?: Magna International has been rated by Bank of America, Barclays, BMO Capital Markets, Citigroup, Morgan Stanley, Raymond James, Royal Bank of Canada, TD Securities, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:MGA) was last updated on 3/21/2023 by MarketBeat.com Staff

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