Magna International (MGA, Financial) has recently caught the attention of investors as CIBC analyst Krista Friesen issued an update on the stock's price target. According to the latest report, the price target for MGA has been raised from $33.00 to $38.00. This adjustment represents a 15.15% increase in the price target.
The rating for Magna International (MGA, Financial), however, remains unchanged at "Neutral" as per the analysis provided by CIBC. The previous rating also held a "Neutral" stance. This update was released on May 5, 2025, and reflects CIBC's maintained position towards the stock despite the amended price target.
Investors and stakeholders of Magna International (MGA, Financial) will likely keep a close watch on market movements and additional analyst insights following this update by CIBC analyst Krista Friesen.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Magna International Inc (MGA, Financial) is $40.74 with a high estimate of $54.00 and a low estimate of $31.00. The average target implies an upside of 21.25% from the current price of $33.60. More detailed estimate data can be found on the Magna International Inc (MGA) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, Magna International Inc's (MGA, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Magna International Inc (MGA, Financial) in one year is $52.78, suggesting a upside of 57.08% from the current price of $33.6. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Magna International Inc (MGA) Summary page.
