Magna International Inc. (NYSE:MGA – Get Free Report) (TSE:MG) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 8,630,000 shares, a drop of 16.8% from the November 15th total of 10,370,000 shares. Approximately 3.2% of the company’s stock are sold short. Based on […]
Magna International (NYSE:MGA – Free Report) (TSE:MG) had its price objective boosted by Royal Bank of Canada from $57.00 to $58.00 in a report issued on Monday, Benzinga reports. Royal Bank of Canada currently has a sector perform rating on the stock. A number of other brokerages also recently issued reports on MGA. BMO Capital […]
Magna International Inc. (NYSE:MGA – Get Free Report) (TSE:MG) declared a quarterly dividend on Saturday, November 4th, NASDAQ reports. Investors of record on Friday, November 17th will be given a dividend of 0.46 per share on Friday, December 1st. This represents a $1.84 annualized dividend and a yield of 3.44%. The ex-dividend date is Thursday, […]
Magna International Inc. (NYSE:MGA – Get Free Report) (TSE:MG) hit a new 52-week low during trading on Thursday . The company traded as low as $46.71 and last traded at $47.83, with a volume of 994872 shares trading hands. The stock had previously closed at $48.24. Wall Street Analyst Weigh In Several research analysts recently […]
Magna International (NYSE:MGA – Free Report) (TSE:MG) had its target price upped by Evercore from $70.00 to $75.00 in a report released on Tuesday morning, BayStreet.CA reports. Evercore currently has an outperform rating on the stock. A number of other equities research analysts have also recently commented on the stock. TD Securities increased their target […]