Barclays Raises Magna International (NYSE:MGA) Price Target to $67.00

Magna International (NYSE:MGA) (TSE:MG) had its price target increased by investment analysts at Barclays from $58.00 to $67.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s target price suggests a potential upside of 0.29% from the stock’s current price.

A number of other brokerages also recently weighed in on MGA. Royal Bank Of Canada boosted their price target on shares of Magna International from $47.00 to $48.00 and gave the stock a “sector perform” rating in a report on Monday, November 3rd. Morgan Stanley lifted their price objective on shares of Magna International from $38.00 to $54.00 and gave the stock an “equal weight” rating in a research report on Monday, December 8th. Evercore increased their target price on shares of Magna International from $47.00 to $52.00 and gave the company an “in-line” rating in a research report on Monday, November 24th. Wells Fargo & Company lifted their price target on shares of Magna International from $50.00 to $58.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. Finally, Citigroup upped their price objective on Magna International from $49.00 to $55.00 and gave the company a “neutral” rating in a research note on Friday, November 14th. Three research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $60.40.

Magna International Stock Performance

Shares of MGA opened at $66.80 on Tuesday. Magna International has a one year low of $30.39 and a one year high of $69.94. The company has a market cap of $18.63 billion, a PE ratio of 22.65 and a beta of 1.50. The stock has a 50-day moving average of $55.26 and a 200-day moving average of $49.62. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.83.

Magna International (NYSE:MGA) (TSE:MG) last posted its quarterly earnings results on Friday, February 13th. The company reported $2.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.37. Magna International had a net margin of 1.99% and a return on equity of 12.73%. The business had revenue of $10.74 billion during the quarter, compared to the consensus estimate of $10.54 billion. During the same quarter last year, the firm posted $1.69 EPS. Magna International’s revenue was up 2.1% compared to the same quarter last year. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. On average, equities research analysts predict that Magna International will post 5.87 EPS for the current fiscal year.

Institutional Trading of Magna International

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Community Bank N.A. purchased a new position in Magna International during the third quarter valued at approximately $29,000. EverSource Wealth Advisors LLC lifted its stake in Magna International by 35.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 779 shares of the company’s stock worth $42,000 after purchasing an additional 205 shares in the last quarter. IFC & Insurance Marketing Inc. bought a new position in Magna International in the 4th quarter valued at $49,000. Atlas Capital Advisors Inc. purchased a new position in shares of Magna International during the 4th quarter valued at $67,000. Finally, Danske Bank A S purchased a new position in shares of Magna International during the 3rd quarter valued at $112,000. 67.49% of the stock is currently owned by institutional investors.

Key Stories Impacting Magna International

Here are the key news stories impacting Magna International this week:

• Positive Sentiment: Post-earnings momentum and heavy trading: coverage notes Magna “revs nearly 20% in massive volume” after its quarter, indicating short-term buying and momentum flows that pushed the stock higher following results. Magna stock revs nearly 20% in massive volume on earnings; gets rating upgrade
• Positive Sentiment: Raymond James raised its target to $75 (market perform), implying ~12% upside — a material bullish signal from a long-standing automotive analyst. Raymond James raise to $75
• Positive Sentiment: TD Securities bumped its target to $75 and kept a “buy” stance, another clear upward catalyst supporting the stock’s rally potential. TD Securities raise to $75
• Positive Sentiment: Scotiabank raised its target to $69 (sector perform), offering modest upside and reinforcing the post-earnings re-rating. Scotiabank raise to $69
• Neutral Sentiment: Barclays nudged its target to $67 (equal weight) — a marginal upside that is unlikely to be a strong directional driver on its own. Barclays raise to $67
• Neutral Sentiment: Longer-term momentum write-up: a feature arguing Magna is a top momentum stock may support investor interest in the name but is thematic rather than a fresh catalyst. Why Magna is a top momentum stock
• Negative Sentiment: Goldman Sachs raised its target to $60 but kept a “sell” rating — the target sits materially below the current price, representing downside pressure from a major sell-side voice. Goldman Sachs raise to $60 (sell)
• Negative Sentiment: RBC lifted its target to $59 (sector perform), still signaling roughly double-digit downside versus the current share price and tempering upside momentum. RBC raise to $59
• Negative Sentiment: Morgan Stanley raised its target to $65 with an “equal weight” rating; the target is slightly below current levels, adding another cautious view amid the mix of upgrades. Morgan Stanley raise to $65

About Magna International

Magna International Inc is a leading global automotive supplier specializing in the design, engineering, and manufacturing of vehicle systems, assemblies, modules, and components. Headquartered in Aurora, Ontario, the company partners with major original equipment manufacturers (OEMs) to develop technologies and solutions that enhance vehicle performance, safety, comfort, and fuel efficiency. Magna’s broad portfolio encompasses body exteriors and structures, powertrain systems, seating and interiors, roof systems, mirror systems, and advanced driver assistance systems (ADAS).

The company operates more than 350 manufacturing and assembly facilities and over 100 innovation centers across 27 countries, serving customers in North America, Europe, Asia, South America, and Africa.