Magna International Stock Target Price and Analyst Consensus
| MGA Stock | USD 49.21 0.56 1.13% |
The current analyst and expert consensus on Magna International is Buy with 6 buy recommendations. The current projected Magna International target price consensus is 66.78, with 20 analyst opinions. The most common way Magna International analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to Magna International executives, vendors, and/or customers. Magna International buy-or-sell recommendation module provides average expert sentiment on the projected Magna International target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on Magna International to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.
Lowest Forecast 60.77 | Highest Forecast 74.13 | Target Price 66.78 |
Magna |
It's important to approach Magna International's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Magna International price targets
Magna International's stock target price is an estimate of its future price, usually made by analysts. Using Magna International's target price to determine if it is a suitable investment can be done through the following steps:- Look at Magna International's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Magna International's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Magna International Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Magna International is a key component of Magna International valuation and have some predictive power on the future returns of a Magna International.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Magna International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Hedge Favorites Invested over 100 shares | |
 | Automobiles and Trucks Invested over 60 shares | |
 | Macroaxis Index Invested few shares | |
Check out Macroaxis Advice on Magna International to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.Note that the Magna International information on this page should be used as a complementary analysis to other Magna International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Magna Stock analysis
When running Magna International's price analysis, check to measure Magna International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magna International is operating at the current time. Most of Magna International's value examination focuses on studying past and present price action to predict the probability of Magna International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna International's price. Additionally, you may evaluate how the addition of Magna International to your portfolios can decrease your overall portfolio volatility.
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The data published in Magna International's official financial statements usually reflect Magna International's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Magna International. For example, before you start analyzing numbers published by Magna accountants, it's critical to develop an understanding of what Magna International's liquidity, profitability, and earnings quality are in the context of the Automobile Components space in which it operates.
Please note, the presentation of Magna International's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Magna International's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Magna International's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Magna International. Please utilize our Beneish M Score to check the likelihood of Magna International's management manipulating its earnings.