Magna International Stock News

Magna International (MGA) adds Optimus engineers to its staff, aiming for enhanced ADAS infrastructure.

These businesses provide reliable income streams no matter what the economy is doing.

The automotive industry is set for a multi-year recovery.

The stock price of Magna International Inc. (NYSE: MGA) increased by 5.14% in the most recent trading session. This is why it happened.

Magna (MGA) closed the most recent trading day at $79.88, moving +0.05% from the previous trading session.

Key Companies in Automotive Radiator Grille Market are Magna International , Sakae Riken Kogyo Co. Ltd. , Plastic Omnium , SRG Global , Samshin Chemicals Co. Ltd. , Lacks Enterprises , TPR Co. Ltd. , Toyoda Gosei , Guardian Industries Key Companies in Automotive Radiator Grille Market are Magna International , Sakae Riken Kogyo Co. Ltd. , Plastic Omnium , SRG Global , Samshin Chemicals Co. Ltd. , Lacks Enterprises , TPR Co. Ltd. , Toyoda Gosei , Guardian Industries

Shares of Magna International Inc. (TSE:MG) (NYSE:MGA) have earned a consensus rating of Buy from the nine ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating on the company. The average []

Magna International (NYSE:MGA) (TSE:MG) had its price target reduced by equities researchers at Barclays from $80.00 to $72.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage currently has an equal weight rating on the stock. Barclayss price objective suggests a potential downside of 7.34% from the companys current price. Other []

Magna International found using ticker (MGA) now have 15 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 130 and 88 with a mean TP of 108.33. Given that the stocks previous close was at 77.01 this would imply there is a potential upside of 40.7%. There is a 50 day moving average of 82.17 and the 200 day moving average is 87.04. The market capitalisation for the company is $23,416m. Visit the company website at: /> [stock_market_widget type="chart" symbol="MGA" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. Its Body Exteriors & Structures segment provides body and chassis systems, as well as engineering and testing services; exterior systems, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors; and roof systems, such as modular and textile folding roofs, and hard and soft tops.

$23.6 million investment to expand operations to allow the company to grow its global automotive business LANSING, Mich. Gov. Gretchen Whitmer joined the Michigan Economic Development Corporation (MEDC) Monday to announce that Cosma Body Assembly Michigan, a division of Magna International, is expanding its operations in Lyon Township where it will create up to 68 jobs for Michigan workers.

Magna's (MGA) launch of the all-electric powertrain, EtelligentReach, aims at efficiency gains, reduced carbon-dioxide emissions and an enhanced driving experience for customers.

Key Prominent Players Covered in the Automotive Aftermarket are Robert Bosch GmbH (Gerlingen, Germany), Denso Corporation (Aichi, Japan), Magna International Inc. (Aurora, Canada), Continental AG (Hanover, Germany), ZF Friedrichshafen AG (Friedrichshafen, Germany), Aisin Seiki Co. (Aichi, Japan), Lear Corp. (Michigan, U.S.), Valeo SA (Paris, France), Bridgestone Corporation (Tokyo, Japan), Faurecia (Nanterre, France) Key Prominent Players Covered in the Automotive Aftermarket are Robert Bosch GmbH (Gerlingen, Germany), Denso Corporation (Aichi, Japan), Magna International Inc. (Aurora, Canada), Continental AG (Hanover, Germany), ZF Friedrichshafen AG (Friedrichshafen, Germany), Aisin Seiki Co. (Aichi, Japan), Lear Corp. (Michigan, U.S.), Valeo SA (Paris, France), Bridgestone Corporation (Tokyo, Japan), Faurecia (Nanterre, France)

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Nisa Investment Advisors LLC decreased its stake in Magna International Inc. (NYSE:MGA) (TSE:MG) by 53.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,213 shares of the companys stock after selling 7,150 shares during the period. Nisa Investment Advisors LLCs holdings []