Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Magna International (MGA)
NYSE:MGA
Holding MGA?
Track your performance easily
See the Price Targets and Ratings of:
MGA Analyst Ratings
Hold
2 Buy
8 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
MGA Stock 12 Month Forecast
Average Price Target
$46.38
▲(9.85% Upside)
| Highest Price Target$55.00 | Average Price Target$46.38 | Lowest Price Target$41.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
BMO Capital
Reiterated
12/16/24
Wells Fargo
Assigned
12/16/24
Goldman Sachs
Downgraded
12/11/24
Edward Jones
Downgraded
12/11/24
Bank of America Securities
Reiterated
12/06/24
Wolfe Research
Upgraded
12/05/24
Morgan Stanley
Reiterated
11/26/24
Barclays
Reiterated
11/05/24
Scotiabank
Assigned
11/04/24
RBC Capital
$41
Hold
-2.89%
Downside
Assigned
11/01/24
Magna price target lowered to $42 from $47 at RBC CapitalMagna price target lowered to $42 from $47 at RBC Capital
CIBC
$50→$47
Hold
11.32%
Upside
Reiterated
08/06/24
CIBC Keeps Their Hold Rating on Magna International (MGA)
J.P. Morgan
$63→$55
Buy
30.27%
Upside
Reiterated
08/06/24
Analysts Offer Insights on Consumer Cyclical Companies: Cheesecake Factory (NASDAQ: CAKE), Magna International (NYSE: MGA) and Mercadolibre (NASDAQ: MELI)
Evercore ISI
$50
Hold
18.43%
Upside
Assigned
08/02/24
Magna International (MGA) Gets a Hold from Evercore ISI
Citi
$52→$47
Hold
11.32%
Upside
Reiterated
07/11/24
Citi cuts Magna target, opens 'negative catalyst watch'Citi cuts Magna target, opens 'negative catalyst watch'
Best Analysts Covering Magna International
Which Analyst Should I Follow If I Want to Buy MGA and Sell After:
1 Month
xxx
Success Rate
8/15 ratings generated profit
Average Return
+2.17%
reiterated a xxx
rating 8 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 53.33% of your transactions generating a profit, with an average return of +2.17% per trade.
3 Months
xxx
Success Rate
10/15 ratings generated profit
Average Return
+3.91%
reiterated a xxx
rating 8 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of +3.91% per trade.
1 Year
Success Rate
7/15 ratings generated profit
Average Return
+7.79%
reiterated a buy rating 8 months ago
Copying Brian Morrison's trades and holding each position for 1 Year would result in 46.67% of your transactions generating a profit, with an average return of +7.79% per trade.
2 Years
xxx
Success Rate
7/15 ratings generated profit
Average Return
+6.53%
reiterated a xxx
rating 8 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 46.67% of your transactions generating a profit, with an average return of +6.53% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
MGA Analyst Recommendation Trends
Rating
Aug 24
Sep 24
Oct 24
Nov 24
Dec 24
Strong Buy
0
0
0
0
0
Buy
6
6
2
0
2
Hold
15
17
14
12
12
Sell
0
1
1
1
1
Strong Sell
0
0
0
0
0
total
21
24
17
13
15
Each month's total comprises the sum of three months' worth of ratings.
MGA Financial Forecast
MGA Stock Forecast FAQ
What is MGA’s average 12-month price target, according to analysts?
Based on analyst ratings, Magna International’s 12-month average price target is $46.38.
What is MGA’s upside potential, based on the analysts’ average price target?
Magna International has 9.85% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is MGA a Buy, Sell or Hold?
Magna International has a consensus rating of Hold which is based on 2 buy ratings, 8 hold ratings and 1 sell ratings.
What is Magna International’s price target?
The average price target for Magna International is $46.38. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $55.00 ,the lowest forecast is $41.00. The average price target represents 9.85% Increase from the current price of $42.22.
The highest analyst price target is $55.00 ,the lowest forecast is $41.00. The average price target represents 9.85% Increase from the current price of $42.22.
What do analysts say about Magna International?
Magna International’s analyst rating consensus is a Hold. This is based on the ratings of 11 Wall Streets Analysts.
How can I buy shares of MGA?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.