Magna International Rating Reiterated by Deutsche Bank (MGA) - Dakota Financial News
‘s stock had its “buy” rating reissued by Deutsche Bank in a report issued on Tuesday, MarketBeat reports. Shares of Magna International ( NYSE:MGA ) traded down 0. 32% on Tuesday, hitting $52. 27. 1,605,010 shares of the stock were exchanged. The stock has a market cap of $21. 48 billion and a price-to-earnings ratio of 11. 38. The stock’s 50-day moving average is $55. 01 and its 200-day moving average is $54. 20. Magna International has a 1-year low of $41. 21 and a 1-year high of... During the same period in the prior year, the company earned $1. 19 earnings per share. The company also recently announced a quarterly dividend, which will be distributed on Friday, September 11th. Investors of record on Friday, August 28th will be paid a $0. 22 dividend. Canaccord Genuity reiterated a “buy” rating on shares of Magna International in a report on Thursday, April 16th. Scotiabank restated a “sector outperform” rating on shares of Magna International in a report on Wednesday, April 29th. Morgan... Source: www.dakotafinancialnews.com
