Headquartered in Aurora, ON Fiscal year ends December NYSE: MGA magna.com
Magna International Inc. is a global automotive supplier that designs, develops, and manufactures automotive systems, assemblies, modules, and components, as well as providing complete vehicle engineering and assembly services. The company operates through four reporting segments: Body Exteriors & Structures (body systems, chassis, stampings, closures), Power & Vision (powertrain, electronics, mirrors, lighting, eDrive systems, driver monitoring), Seating Systems (complete seat systems), and Complete Vehicles (full vehicle engineering and contract assembly through its Steyr operations in Graz, Austria). Magna serves virtually all major global OEMs including GM, Ford, BMW, and increasingly Chinese automakers such as Chery, XPeng, and GAC. The company maintains a significant manufacturing footprint across North America, Europe, China, and other regions. Magna is actively diversifying into adjacent markets including robotics, industrial applications, and data centers while executing a strategic divestiture of its Lighting and Rooftop Systems businesses. Updated
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24/7 Wall St. takes a look at famed market personality Jim Cramer’s latest buy and sell recommendations and overall analysis.
Magna International Inc. is a global automotive supplier that designs, develops, and manufactures automotive systems, assemblies, modules, and components, as well as providing complete vehicle engineering and assembly services.
24/7 Wall St.'s 12-month price target for MGA is $76.20, rated Buy. The Wall Street consensus target is $73.00. MGA price prediction →
