1 week Ago By Defense World Staff
Magna International ( TSE:MG – Get Free Report ) (NYSE:MGA) was upgraded by analysts at Royal Bank of Canada from a “hold” rating to a “moderate buy” rating in a report released on Friday, Zacks.com reports. A number of other analysts have also recently weighed in on the stock.
The Goldman Sachs Group cut shares of Magna International from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 11th. Wolfe Research raised Magna International from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 5th. Get Our Latest Stock Analysis on MG Magna International Stock Up 2.
2 % Magna International ( TSE:MG – Get Free Report ) (NYSE:MGA) last released its earnings results on Friday, November 1st. The company reported C$1.75 EPS for the quarter, missing the consensus estimate of C$2.
03 by C($0.28). Magna International had a net margin of 2.
29% and a return on equity of 9.03%. During the same quarter last year, the firm posted $1.
96 EPS. As a group, research analysts forecast that Magna International will post 8.8948171 EPS for the current year.
About Magna International ( Get Free Report ) Magna International Inc designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. Featured Articles Five stocks we like better than Magna International Compound Interest and Why It Matters When Investing Bloom Energy: Powering the Future With Decentralized Energy How to Evaluate a Stock Before Buying Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul What is the Australian Securities Exchange (ASX) Why Traders Are Buying the Dip on Johnson & Johnson Stock Receive News & Ratings for Magna International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magna International and related companies with MarketBeat.
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