- RBC Capital downgrades Magna International due to economic factors, impacting stock forecasts.
- Wall Street analysts predict a significant upside for Magna, with a price target of $45.06.
- GuruFocus estimates suggest a potential increase in the stock's value, forecasting a GF Value of $52.97.
RBC Capital has recently adjusted its stance on Magna International (MGA, Financial), downgrading the stock to 'Sector Perform'. This move comes in light of evolving economic conditions, which include less optimistic production forecasts and looming tariff issues. As a result, RBC has revised its earnings estimates for 2025 and consequently slashed its price target by 37% to $32. Tariff-related uncertainties could even further reduce MGA's share value to $18.
Wall Street Analysts Forecast
According to the price targets presented by 17 analysts over a one-year horizon, the average target price for Magna International Inc (MGA, Financial) stands at $45.06. The high estimate is $54.00, while the low estimate is $31.00. If this average target is realized, it would represent an upside of 41.58% from the current trading price of $31.83. For a deeper dive into these estimates, visit the Magna International Inc (MGA) Forecast page.
The consensus recommendation gathered from 20 brokerage firms gives Magna International Inc (MGA, Financial) an average brokerage recommendation score of 2.7, categorizing it as a 'Hold'. This rating operates on a scale of 1 to 5, where 1 indicates a 'Strong Buy' and 5 suggests a 'Sell'.
As per GuruFocus estimates, the expected GF Value for Magna International Inc (MGA, Financial) in a year's time is projected at $52.97. This implies a strong upside of 66.42% from the current price point of $31.83. The GF Value reflects GuruFocus' assessment of the stock's fair trading value, derived from historical trading multiples, business growth trajectories, and future performance predictions. For more comprehensive information, explore the Magna International Inc (MGA) Summary page.
