Magna International (NYSE: MGA) has recently received a number of price target changes and ratings updates:
- 8/15/2026 – Magna International was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 8/10/2026 – Magna International had its price target raised by JPMorgan Chase & Co. from $70.00 to $77.00. They now have an “overweight” rating on the stock.
- 8/7/2026 – Magna International had its price target raised by Barclays PLC from $66.00 to $68.00. They now have an “equal weight” rating on the stock.
- 8/3/2026 – Magna International had its price target raised by Scotiabank from $74.00 to $78.00. They now have a “sector outperform” rating on the stock.
- 8/3/2026 – Magna International had its price target raised by Wells Fargo & Company from $62.00 to $67.00. They now have an “equal weight” rating on the stock.
- 8/3/2026 – Magna International had its price target raised by Royal Bank Of Canada from $66.00 to $69.00. They now have a “sector perform” rating on the stock.
- 7/29/2026 – Magna International was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 7/20/2026 – Magna International had its price target raised by Scotiabank from $72.00 to $74.00. They now have a “sector outperform” rating on the stock.
- 7/13/2026 – Magna International had its price target raised by Royal Bank Of Canada to $57.00. They now have a “sector perform” rating on the stock.
- 7/9/2026 – Magna International had its price target raised by UBS Group AG from $62.00 to $64.00. They now have a “neutral” rating on the stock.
Magna International Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a dividend of $0.495 per share. The ex-dividend date is Friday, August 14th. This represents a $1.98 dividend on an annualized basis and a yield of 2.8%. Magna International’s dividend payout ratio is 71.74%.
The company operates more than 350 manufacturing and assembly facilities and over 100 innovation centers across 27 countries, serving customers in North America, Europe, Asia, South America, and Africa.
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