Magnetized target fusion approach to inertial confinement fusion involves the formation of strong shocks that travel along a magnetized plasma. Shocks, which play a dominant role in thermalizing the upstream kinetic energy generated in the implosion stage, are seldom free from perturbations, and they wrinkle in response to upstream or downstream disturbances. In Z-pinch experiments, significant plasma instability mitigation was observed with pre-embedded axial magnetic fields. To isolate effects, in this work we theoretically study the impact of perpendicular magnetic fields on the planar shock dynamics for different equations of state. For fast magnetosonic shocks in ideal gases, it was found that the magnetic field amplifies the intensity of the perturbations when γ>2 or it weakens them when γ<2. Weak shocks have been found to be stable regardless of the magnetic plasma intensity and gas compressibility; however, for sufficiently strong shocks the magnetic fields can promote a neutral stability/SAE at the shock if the adiabatic index is higher than 1+sqrt[2]. Results have been validated with numerical simulations performed with the FLASH code.