Magna International’s (MG.A) “Outperform” Rating Reiterated at Macquarie

Magna International Inc. (TSE:MG.A)‘s stock had its “outperform” rating restated by investment analysts at Macquarie in a research note issued to investors on Wednesday, reports.

Several other research firms have also recently commented on MG.A. TD Securities increased their price objective on Magna International from C$46.00 to C$47.00 and gave the company a “buy” rating in a research report on Tuesday, August 9th. BMO Capital Markets cut Magna International from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 28th.

Magna International Company Profile

Magna International Inc (Magna) is an automotive supplier. The Company’s segments are North America, Europe, Asia, Rest of World, and Corporate and Other. Its product capabilities include producing body, chassis, exterior, seating, powertrain, electronic, vision, closure, and roof systems and modules, as well as vehicle engineering and contract manufacturing.

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