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Magna International ( (TSE:MG) ) has shared an update.
On May 21, 2025, Magna International Inc. announced the issuance of €575,000,000 in 3.625% Senior Notes due 2031, under a Ninth Supplemental Indenture with The Bank of New York Mellon as trustee and paying agent. This move is part of Magna’s strategic financial management, potentially impacting its debt structure and providing liquidity for future operations, thereby strengthening its market position and offering potential benefits to stakeholders.
The most recent analyst rating on (TSE:MG) stock is a Hold with a C$48.00 price target. To see the full list of analyst forecasts on Magna International stock, see the TSE:MG Stock Forecast page.
Spark’s Take on TSE:MG Stock
According to Spark, TipRanks’ AI Analyst, TSE:MG is a Outperform.
Magna International scores a solid 72, reflecting its strong financial performance and attractive valuation as primary strengths. While technical indicators suggest caution, the company’s strategic direction and governance are positive. Investors should remain mindful of macroeconomic challenges impacting production.
To see Spark’s full report on TSE:MG stock, click here.
More about Magna International
Magna International Inc. operates in the automotive industry, providing a wide range of products and services including automotive systems, assemblies, modules, and components. The company focuses on innovation and technology to enhance vehicle performance and efficiency.
Average Trading Volume: 2,071,885
Technical Sentiment Signal: Sell
Current Market Cap: C$14.45B
For a thorough assessment of MG stock, go to TipRanks’ Stock Analysis page.