Magna International Stock Target Price and Analyst Consensus
| MGA Stock | USD 45.14 0.19 0.42% |
The current analyst and expert consensus on Magna International is Buy with 12 hold recommendations. The current projected Magna International target price consensus is 66.78 with 21 analyst opinions. One of the most common ways Magna International analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Magna International vendors, executives, and/or customers. Magna International recommendation module provides expert sentiment on the projected Magna International target price to derive its highest and lowest estimates based on target price standard deviation of 2.25.
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.Trending Themes
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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.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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. Please utilize our Beneish M Score to check the likelihood of Magna International's management manipulating its earnings.