The Globe and Mail reports in its Friday, Jan. 10, edition that Raymond James analyst Michael Glen has reaffirmed his "outperform" recommendation for Martinrea International. The Globe's David Leeder writes in the Eye On Equities column that Mr. Glen gave his share target a $3.50 trim to $14. Analysts on average target the shares at $15.33. Mr. Glen says in a note: "We had an opportunity to host management meetings with Fred Di Tosto, president, Peter Cirulis, chief financial officer, and Neil Forster, director of IR in Toronto earlier this week. We will frame the discussions as follows: while the near-term industry dynamic points to a challenging Q4 and 1H25 for the industry, we heard some very positive things in our meetings which show that Martinrea will look very different when auto production (emphasize North American production) eventually turns." The Globe reported on Jan. 24, 2023, that Mr. Glen continued to rate Martinrea International "outperform." The shares were then going for $12.06. The Globe reported on Nov. 15, 2024, that BMO Capital Markets analyst Tamy Chen continued to rate Martinrea International "outperform." The shares could then be had for $9.68.