Linamar (TSE:LNR) Price Target Raised to C$80.00

Linamar (TSE:LNR) had its target price hoisted by Raymond James Financial from C$70.00 to C$80.00 in a research report report published on Thursday morning,BayStreet.CA reports. They currently have a market perform rating on the stock. Raymond James Financial also issued estimates for Linamar’s FY2025 earnings at $9.94 EPS, Q1 2026 earnings at $2.55 EPS and FY2026 earnings at $10.09 EPS.

Other analysts have also issued research reports about the stock. TD Securities increased their price objective on shares of Linamar from C$78.00 to C$85.00 and gave the stock a “buy” rating in a research note on Thursday. CIBC increased their price target on Linamar from C$57.00 to C$68.00 in a research report on Thursday, July 17th. Scotiabank lifted their price objective on Linamar from C$71.00 to C$80.00 and gave the company a “sector perform” rating in a research note on Thursday. Finally, BMO Capital Markets boosted their price objective on Linamar from C$75.00 to C$80.00 in a report on Thursday. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of C$78.60.

Linamar Stock Performance

LNR opened at C$73.22 on Thursday. The company has a current ratio of 1.79, a quick ratio of 0.75 and a debt-to-equity ratio of 42.84. Linamar has a 12-month low of C$43.84 and a 12-month high of C$73.62. The firm has a 50 day moving average of C$66.49 and a two-hundred day moving average of C$58.10. The firm has a market capitalization of C$4.48 billion, a PE ratio of 7.64, a P/E/G ratio of 1.12 and a beta of 1.41.

Linamar Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 9th. Shareholders of record on Friday, August 22nd will be issued a $0.29 dividend. This is a boost from Linamar’s previous quarterly dividend of $0.25. This represents a $1.16 dividend on an annualized basis and a yield of 1.6%. Linamar’s payout ratio is presently 10.44%.

Insiders Place Their Bets

In other news, Senior Officer Csaba Havasi sold 4,000 shares of the stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of C$61.96, for a total transaction of C$247,848.00. Insiders own 33.49% of the company’s stock.

About Linamar

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.