Can Magna International Inc.’s Tomorrow Be Different? The Stock Increases Again

 Can Magna International Inc.'s Tomorrow Be Different? The Stock Increases Again

The stock of Magna International Inc. (TSE:MG) is a huge mover today! About 137,962 shares traded hands. Magna International Inc. (TSE:MG) has risen 3.35% since April 19, 2016 and is uptrending. It has underperformed by 1.98% the S&P500.
The move comes after 9 months positive chart setup for the $21.58B company. It was reported on Nov, 23 by Barchart.com. We have $60.12 PT which if reached, will make TSE:MG worth $1.73 billion more.

More news for Magna International Inc. (TSE:MG) were recently published by: Forbes.com, which released: “Magna International About To Put More Money In Your Pocket (MG)” on November 21, 2016. Forbes.com‘s article titled: “Magna International is Now Oversold (MGA)” and published on November 09, 2016 is yet another important article.

Magna International Inc. is an automotive supplier. The company has a market cap of $21.58 billion. The Company’s divisions are North America, Europe, Asia, Rest of World, and Corporate and Other. It has a 8.1 P/E ratio. The Company’s product capabilities include producing body, chassis, exterior, seating, powertrain, electronic, vision, closure, and roof systems and modules, as well as vehicle engineering and contract manufacturing.

MG.TO Company Profile

Magna International Inc. (Magna), incorporated on November 16, 1961, is an automotive supplier. The Company’s divisions are North America, Europe, Asia, Rest of World, and Corporate and Other. The Company’s product capabilities include producing body, chassis, exterior, seating, powertrain, electronic, vision, closure, and roof systems and modules, as well as vehicle engineering and contract manufacturing. The Firm has over 290 manufacturing activities and over 80 product development, engineering and sales centers in approximately 30 countries.

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