Magna International Inc (MGA) Stock AnalysisMGAStock AnalysisMagna International Inc

Magna International Inc. is a Canada-based mobility technology company. The Company is a supplier of automotive space, specializing in body and chassis, all-wheel drive/front-wheel-drive, transmissions, latches, mirrors and contract vehicle assembly. Its segments include Body Exteriors & Structures, Power & Vision, Seating Systems and Complete Vehicles. Its products include Complete Vehicles, Body & Chassis, Electrical/Electronic, Exterior/Interior and Powertrain. Its Body & Chassis includes battery enclosures and body-in-white solutions. Its Electrical/Electronic includes advanced driver assistance systems and automated driving. Its Electrical/Electronic includes seating, mirrors, lighting, mechatronics. Its Powertrain includes hybrid powertrain, modules and components. Its Complete Vehicles include complete vehicle engineering. Its global network includes approximately 341 manufacturing operations and 106 product development, engineering and sales centers spanning 28 countries. It operates in the Consumer Cyclicals sector (MOTOR VEHICLE PARTS AND ACCESSORIES industry).

Magna International Inc is a good buy right now due to its current price of $65.86 being below the average analyst price target of $77, suggesting a potential upside of approximately 16.1%. Additionally, the forward P/E ratio of 9.35 indicates that the stock is undervalued compared to its earnings potential, making it an attractive long-term investment. The main risk is the recent 5-day price change of -9.84%, which indicates short-term volatility.

19 analysts cover MGA: 11 rate it Buy, 6 Hold and 2 Sell. The average price target is 52.80.