Magellan Aerospace Corporation (TSX:MAL)
Canada · Delayed Price · Currency is CAD 32.60
-0.80 (-2.40%)
Jun 3, 2026, 4:00 PM EST
Magellan Aerospace Stock Forecast
Stock Price Forecast
According to 3 analysts polled by S&P Global, Magellan Aerospace stock has a consensus rating of "Strong Buy" and an average price target of $31.42. The average 1-year stock price forecast is 3.62% lower than the current stock price, while the lowest is $30.00 (-7.98%) and the highest is $33.25 (+1.99%).
Price Target: $31.42 (-3.62%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Magellan Aerospace stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Oct '25 | Nov '25 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Buy Maintains $27.00 → $30.00 | Buy | Maintains | $27.00 → $30.00 | -7.98% | May 12, 2026 |
Unknown Analyst ATB Cormark Capital Markets No rating | ATB Cormark Capital Markets | Buy Maintains $31.00 | Buy | Maintains | $31.00 | -4.91% | Apr 17, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.