A number of firms have modified their ratings and price targets on shares of Linamar (TSE: LNR) recently:
- 3/6/2025 – Linamar had its price target lowered by analysts at TD Securities from C$66.00 to C$60.00. They now have a “hold” rating on the stock.
- 3/6/2025 – Linamar had its price target lowered by analysts at BMO Capital Markets from C$75.00 to C$65.00.
- 3/5/2025 – Linamar was downgraded by analysts at CIBC from an “outperform” rating to a “neutral” rating. They now have a C$55.00 price target on the stock, down previously from C$82.00.
- 3/5/2025 – Linamar was downgraded by analysts at Cibc World Mkts from a “strong-buy” rating to a “hold” rating.
- 2/13/2025 – Linamar had its price target lowered by analysts at TD Securities from C$68.00 to C$66.00. They now have a “hold” rating on the stock.
- 2/10/2025 – Linamar had its price target lowered by analysts at CIBC from C$85.00 to C$82.00.
- 1/13/2025 – Linamar was given a new C$85.00 price target on by analysts at CIBC. They now have an “outperform” rating on the stock.
Linamar Stock Down 0.5 %
TSE LNR opened at C$51.52 on Friday. The company has a quick ratio of 0.75, a current ratio of 1.79 and a debt-to-equity ratio of 42.84. The company has a fifty day moving average of C$54.67 and a two-hundred day moving average of C$58.86. The firm has a market capitalization of C$3.15 billion, a price-to-earnings ratio of 5.38, a PEG ratio of 1.12 and a beta of 1.41. Linamar Co. has a 52 week low of C$47.17 and a 52 week high of C$73.84.
Insiders Place Their Bets
In related news, Director Linda Hasenfratz acquired 50,000 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The stock was purchased at an average cost of C$60.01 per share, with a total value of C$3,000,500.00. 33.49% of the stock is owned by company insiders.
Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets.
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