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NYSE:ITGR 23 October 2025

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  • Magna International (TSX:MG) Shares Dip Amid Mixed Valuation Signals
    March 20, 2026, 1:38 PM EDT. Magna International (TSX:MG) saw a recent share price pullback of about 3% in a month, despite a strong one-year shareholder return of 45.5%. The company, a major global auto parts supplier, holds a market value near CA$21 billion with reported revenue of CA$42 billion and net income of CA$829 million. Analysts show a wide range of price targets from CA$54.51 to CA$80.21, with a consensus target of CA$65.91. The popular valuation narrative suggests Magna is undervalued at CA$89.71 per share, driven by expected revenue growth, margin improvements, and disciplined cash flow. However, risks around vehicle production and cost pressures could impact margins. Magna trades at a P/E ratio of 18x, above the North American auto components group average but below peers, reflecting mixed market sentiment on future growth prospects.
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