Martinrea International Inc T.MRE

Alternate Symbol(s): MRETF

Consumer Cyclical Auto Parts

Martinrea International Inc. is a Canada-based diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added lightweight structures and propulsion systems. The Company’s offerings include a range of products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The Company's operations are segmented on a geographic basis between North America, Europe and Rest of the World. The Company's solutions include lightweight structures, propulsion systems, flexible manufacturing, and graphene technology. Its lightweight structure products include complex assemblies and exterior trim. Its flexible manufacturing products include bus frame assemblies and front vertical corner modules. Its graphene products include graphene and nylon coated brake lines and electric vehicle batteries enhanced with graphene. It operates in around 59 countries, such as Canada, the United States and Mexico.

TSX:MRE - Post by User

Martinrea International Inc

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Post by Rational43on May 08, 2022 12:53am

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Post# 34665134

MRE Price Targets - May 6

CIBC Outperform $12.00
RJ Market Perform $11.00
Scotia Outperform $13.00

BMO, TD yet to come out with reaction.

Trading at 0.52 of Book Value at making money, at the bottom of the auto parts cycle (caused by a computer chip shortage) that's resulted in record low auto inventories for a few years?

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