The Globe and Mail reports in its Friday, May 2, edition that Raymond James analyst Michael Glen continues to rate Martinrea International "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Glen gave his share target a $2 trim to $12. Analysts on average target the shares at $11. Mr. Glen says in a note: "While we continue to believe investors are purchasing Martinrea International's core auto parts business at a heavily discounted valuation, we would emphasize that we do expect volatility in the near-term as the industry works toward resolution with respect to trade and tariffs. We believe the company is executing very well despite challenging industry trend." The Globe reported on Jan. 24, 2023, and Jan. 10, 2025, that Mr. Glen continued to rate Martinrea International "outperform." The shares were then going for $12.06 and $8.39. The Globe reported on March 6, 2025, that CIBC World Markets analyst Krista Friesen had reaffirmed her "neutral" ranking for Martinrea International. The shares could then be had for $7.95.
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