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Tag: magna international
Magna International Inc. (MGA) Upgraded by Zacks Investment Research to Hold
2016-01-23 20:24:50| Automakers - Topix.net
According to Zacks, "Magna International's adjusted earnings per share for the third quarter of 2015 dropped year over year but surpassed the Zacks Consensus Estimate. However, revenues declined year over year and also missed expectations.
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Magna International Inc. (MGA) Stock Rating Reaffirmed by Canaccord Genuity
2016-01-03 10:51:34| Automakers - Topix.net
's stock had its "buy" rating restated by investment analysts at Canaccord Genuity in a note issued to investors on Thursday, MarketBeat.Com reports. They presently have a $67.00 price objective on the stock.
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Magna International Inc. (MGA) to Post FY2016 Earnings of $5.25 Per Share, Scotiabank Forecasts
2015-12-19 02:18:53| Automakers - Topix.net
Magna International Inc. - Scotiabank boosted their FY2016 earnings per share estimates for Magna International in a report issued on Monday, Zacks Investment Research reports. Scotiabank analyst M. Neville now forecasts that the brokerage will post earnings of $5.25 per share for the year, up from their prior forecast of $5.24.
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Magna International - Acquiring Growth At A Reasonable Price
2015-07-19 05:44:40| Automakers - Topix.net
Even as Magna has long-term challenges to modernize the business and keep up with technological changes, the strategic direction is sound while the valuation is appealing. Magna International announced a rather sizable acquisition in Europe as it is looking to buy German-based Getrag Group in a $1.75 billion deal.
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Magna International Inc a - highly probable' buyer of some Granite REIT assets, analyst says
2015-06-14 01:11:52| Automakers - Topix.net
Granite, which owns 30 million square feet of industrial properties in North America and Europe, counts Magna as its largest tenant with about 82 per cent of its annualized lease payments coming from the auto-parts manufacturer. Granite Real Estate Investment Trust is considering a sale of its assets, and Magna International Inc. is a "highly probable" buyer of its special-purpose facilities, according to Desjardins analyst Michael Markidis.
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