Renae buys MGA 47.15: They currently have a $75.00 price objective on the stock.

Its offers programs, which include Ford Transit; MINI Countryman; Ford F -Series and F-Series Super Duty; QOROS 3; Ford Mustang; BMW X6; Mercedes-Benz M-Class; BMW X4 and Porsche Panamera. Its product capabilities include producing body, chassis, interior, exterior, chairs, powertrain, electronic, eyesight, closing and roof systems and modules, together with vehicle engineering and contract manufacturing. Investors of record on Friday, August 28th will be issued a $0.22 dividend. Equities research analysts forecast that Magna International will post $4.67 EPS for the current fiscal year. During the same period in the previous year, the firm earned $1.19 earnings per share.


Nikole:
Finally, JPMorgan Chase & Co. increased their target price on shares of Magna International from $60.00 to $62.00 and gave the stock a neutral rating in a report on Friday, May 8th.

Fannie:
Deutsche Bank reaffirmed a buy rating and set a $75.00 price target on shares of Magna International in a research report on Thursday, July 16th.

Janyce:
Canaccord Genuity reiterated a buy rating and issued a $63.00 price target on shares of Magna International in a research note on Monday.

Tawny:
The firm currently has a $70.00 price target on the stock.

Kylee:
Want five more of our top stock picks from five different industries?

Daniell:
Foolish investors should take a closer look and consider beginning to slowly scale in to positions over the next couple of weeks.

Celina:
With all of the information provided above in mind, I think Magna International represents one of the best long-term investment opportunities in the automotive industry today.

Mardell:
Excluding the negative impact of foreign currency translation, its revenue increased 1.3% year over year.

Kaitlyn:
Its steep decline in revenue can be attributed entirely to the weakening of certain currencies against its reporting currency, the U.S. dollar, which reduced its revenue by $890 million.

Sharri:
The Organization operates in North America, Europe and Asia.

Magna International (NYSE:MGA)
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