Barclays raises target for Magna International stock to USD 70.00

Published on 10/17/2026 at 19:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Magna reports third-quarter results on October 30, 2026. Magna International stock stood at USD 65.99 on October 16, 2026, down 0.63 percent on NYSE.

Barclays maintains equal weight

Barclays raised its Magna target from USD 68.00 to USD 70.00 on October 9, 2026.
Magna's third-quarter results are scheduled for October 30, 2026.
Magna International stock stood at USD 65.99 on October 16, 2026 at 4:00 p.m. ET, down 0.63 percent on the NYSE versus the prior close.
Magna carried a price to earnings ratio of 24.41 and a market capitalization of USD 17.7 billion on October 16, 2026.

MGA, CA5592224011, Illustration mit AI erstellt.

Barclays raised its target for Magna from USD 68.00 to USD 70.00 on October 9, 2026, while keeping an Equal Weight rating, according to Markets Insider. The new target stood 6.08 percent above Magna's USD 65.99 NYSE price on October 16, 2026. With the NYSE closed on October 17, 2026, that was the latest completed session price.

The target leaves limited upside

Barclays' target implies a measured gap above the latest NYSE price rather than a broad change in its stance. The firm maintained Equal Weight, leaving the USD 70.00 target as the clearest current analyst marker for Magna.

Price sits below the yearly high

Magna's latest NYSE price was USD 65.99 on October 16, 2026 at 4:00 p.m. ET, down 0.63 percent versus the prior close. The USD 44.64 to USD 73.22 52-week range places the stock 9.88 percent below its high and 47.93 percent above its low. Trading volume reached 1,348,655 shares against an average of 1,193,351.

Valuation and reporting date

Magna had a market capitalization of USD 17.7 billion, a price to earnings ratio of 24.41 and a dividend yield of 0.03 percent on October 16, 2026. The company is a global automotive supplier covering body systems, power and vision, seating and complete vehicles.

Magna will publish its third-quarter results by webcast on October 30, 2026 at 8:00 a.m. ET, according to the company's release dated October 8, 2026 and published on Magna.

Comparison with peers

MGA (NYSE, USD): minus 0.63 percent, price to earnings ratio 24.41, market capitalization USD 17.7 billion

Aptiv (NYSE, USD): minus 0.73 percent, price to earnings ratio 42.72, market capitalization USD 9.3 billion

Lear (NYSE, USD): minus 1.22 percent, price to earnings ratio 11.18, market capitalization USD 5.9 billion

Trading perspective

Magna's valuation sits between the two listed auto suppliers on price to earnings, while its stock remains below the top of its annual range. The October 30 results date provides the next scheduled point for a fresh operating update.

Magna International stock stood at USD 65.99 on the NYSE on October 16, 2026 at 4:00 p.m. ET, down 0.63 percent versus the prior close.