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Brokerages Set Magna International Inc. (NYSE:MGA) Price Target at $62.00

Shares of Magna International Inc. (NYSE:MGA – Get Rating) (TSE:MG) have been assigned an average rating of “Hold” from the twelve analysts that are presently covering the firm, Marketbeat reports. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target […]

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Magna International Inc. (TSE:MG) Plans Quarterly Dividend of $0.62

Magna International Inc. (TSE:MG – Get Rating) (NYSE:MGA) declared a quarterly dividend on Thursday, May 18th, Zacks reports. Shareholders of record on Friday, June 2nd will be paid a dividend of 0.623 per share on Friday, June 2nd. This represents a $2.49 annualized dividend and a yield of 3.57%. The ex-dividend date is Thursday, May […]

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Magna International (TSE:MG) Price Target Raised to C$54.00 at Royal Bank of Canada

Magna International (TSE:MG – Get Rating) (NYSE:MGA) had its price target upped by Royal Bank of Canada from C$52.00 to C$54.00 in a research report report published on Monday, BayStreet.CA reports. Royal Bank of Canada currently has a sector perform rating on the stock. Magna International Price Performance Shares of TSE MG opened at C$71.89 […]

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Magna International (NYSE:MGA) Lifted to Buy at StockNews.com

StockNews.com upgraded shares of Magna International (NYSE:MGA – Get Rating) (TSE:MG) from a hold rating to a buy rating in a research note issued to investors on Monday morning. A number of other brokerages have also recently issued reports on MGA. Citigroup decreased their price objective on shares of Magna International from $66.00 to $53.00 […]

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Magna International (NYSE:MGA) Issues Quarterly Earnings Results, Beats Expectations By $0.16 EPS

Magna International (NYSE:MGA – Get Rating) (TSE:MG) posted its earnings results on Friday. The company reported $1.11 EPS for the quarter, topping the consensus estimate of $0.95 by $0.16, RTT News reports. The business had revenue of $10.67 billion during the quarter, compared to analysts’ expectations of $9.90 billion. Magna International had a return on […]

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Magna International (NYSE:MGA) Announces Quarterly Earnings Results, Beats Estimates By $0.13 EPS

Magna International (NYSE:MGA – Get Rating) (TSE:MG) posted its quarterly earnings data on Friday. The company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.13, RTT News reports. The company had revenue of $10.67 billion for the quarter, compared to analyst estimates of $9.90 billion. Magna International had a return […]

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Magna International (NYSE:MGA) Downgraded to "Sector Perform" at Royal Bank of Canada

Magna International (NYSE:MGA – Get Rating) (TSE:MG) was downgraded by equities researchers at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a note issued to investors on Tuesday, The Fly reports. MGA has been the topic of a number of other reports. Barclays reduced their price objective on shares […]

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Anaergia (OTCMKTS:ANRGF) PT Lowered to C$4.00 at National Bank Financial

StockNews.com upgraded shares of Magna International (NYSE:MGA – Get Rating) (TSE:MG) from a hold rating to a buy rating in a research report released on Wednesday morning. Several other research firms have also weighed in on MGA. Barclays began coverage on Magna International in a research note on Tuesday, February 14th. They issued an equal […]

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Magna International (NYSE:MGA) Price Target Cut to $53.00

Magna International (NYSE:MGA – Get Rating) (TSE:MG) had its target price reduced by Citigroup from $66.00 to $53.00 in a research report issued to clients and investors on Monday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Citigroup’s price target indicates a potential downside of 5.12% from the stock’s previous close. […]

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