The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the textiles & leather goods peer group is "hold"
Wall Street's median 12-month price target for Magnera Corporation is $16.00, about 16.9% above its August 4 closing price of $13.69
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 18 three months ago
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