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Enter Symbol:
 
Magna International, Inc. (MGA) [hlAlert]

Rating:
Neutral MGA
down 57.18 %

Magna International, Inc. (MGA) upgraded to Neutral by JP Morgan

Posted on: Tuesday,  Mar 4, 2014  8:25 AM ET by JP Morgan

JP Morgan rated Neutral Magna International, Inc. (NYSE: MGA) on 03/04/2014. Previously JP Morgan rated Underweight Magna International, Inc. (NYSE: MGA) on
07/18/2012., when the stock price was $20.57. Since then, Magna International, Inc. has gained 133.57% as of 03/04/2014's recent price of $48.05.
If you would have followed the previous JP Morgan's recommendation on MGA, you would have lost 57.18% of your investment in 594 days.

Magna International, Inc. is an independent supplier of original equipment components, assemblies, modules and systems and related tooling for cars and light trucks. The Company designs, develops and manufactures a diversified range of these products, primarily for North American and European original equipment manufacturers.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/4/2014 8:25 AM Hold
None
48.05
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -17.09 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2012 8:25 AM Sell
None
20.57
6/16/2009 8:25 AM Buy
None
9.83

(*) Stock Price at the time of the recommendation.
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