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Magna International Inc
TSX:MG

Watchlist Manager
Magna International Inc Logo
Magna International Inc
TSX:MG
Watchlist
Price: 73.99 CAD 1.77% Market Closed
Updated: Mar 28, 2024

Wall Street
Price Targets

MG Price Targets Summary
Magna International Inc

Wall Street analysts forecast MG stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MG is 65.54 CAD with a low forecast of 54.54 CAD and a high forecast of 80.85 CAD.

Lowest
Price Target
54.54 CAD
26% Downside
Average
Price Target
65.54 CAD
11% Downside
Highest
Price Target
80.85 CAD
9% Upside
Magna International Inc Competitors:
Price Targets
2228
Iron Force Industrial Co Ltd
2% Upside
002765
Landai Technology Group Corp Ltd
65% Upside
002454
Songz Automobile Air Conditioning Co Ltd
52% Upside
7287
Nippon Seiki Co Ltd
41% Downside
6605
Depo Auto Parts Industrial Co Ltd
68% Downside
4566
Global Tek Fabrication Co Ltd
21% Upside
1338
Hiroca Holdings Ltd
311% Upside
600523
Guizhou Guihang Automotive Components Co Ltd
57% Upside

Revenue
Forecast

Revenue Estimate
Magna International Inc

For the last 8 years the compound annual growth rate for Magna International Inc's revenue is 4%. The projected CAGR for the next 3 years is 6%.

4%
Past Growth
6%
Estimated Growth
Estimates Accuracy
-3%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Magna International Inc

For the last 8 years the compound annual growth rate for Magna International Inc's operating income is -2%. The projected CAGR for the next 3 years is 20%.

-2%
Past Growth
20%
Estimated Growth
Estimates Accuracy
-8%
Average Miss

Net Income
Forecast

Net Income Estimate
Magna International Inc

For the last 8 years the compound annual growth rate for Magna International Inc's net income is -6%. The projected CAGR for the next 3 years is 29%.

-6%
Past Growth
29%
Estimated Growth
Estimates Accuracy
10%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MG's stock price target?
Price Target
65.54 CAD

According to Wall Street analysts, the average 1-year price target for MG is 65.54 CAD with a low forecast of 54.54 CAD and a high forecast of 80.85 CAD.

What is Magna International Inc's Revenue forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for Magna International Inc's revenue is 4%. The projected CAGR for the next 3 years is 6%.

What is Magna International Inc's Operating Income forecast?
Projected CAGR
20%

For the last 8 years the compound annual growth rate for Magna International Inc's operating income is -2%. The projected CAGR for the next 3 years is 20%.

What is Magna International Inc's Net Income forecast?
Projected CAGR
29%

For the last 8 years the compound annual growth rate for Magna International Inc's net income is -6%. The projected CAGR for the next 3 years is 29%.