Analyst Expectations for Magna International's Future
Portfolio Pulse from Benzinga Insights
In the last quarter, Magna International (NYSE:MGA) received one somewhat bullish rating and seven indifferent ratings from analysts. The average 12-month price target for the company is $61.62, representing a 2.45% decrease from the previous average price target of $63.17.
November 06, 2023 | 5:00 pm
News sentiment analysis
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Magna International has received mostly indifferent ratings from analysts, with a lower average price target.
The indifferent ratings from analysts and the decrease in the average price target suggest a lack of confidence in the company's short-term performance, which could negatively impact the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100