Macquarie reissued their outperform rating on shares of Magna International Inc. (TSE:MG.A) in a research note issued to investors on Wednesday, StockTargetPrices.com reports.
A number of other brokerages have also recently weighed in on MG.A. TD Securities lifted their price objective on shares of Magna International from C$46.00 to C$47.00 and gave the company a buy rating in a report on Tuesday, August 9th. BMO Capital Markets cut shares of Magna International from an outperform rating to a market perform rating in a report on Tuesday, June 28th.
About Magna International
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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