Linamar stock falls as BMO cuts rating and trims price target

Published on 09/19/2026 at 17:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Linamar stock slipped after BMO Capital Markets lowered its rating to Market Perform with a C$105.00 target on September 18, 2026. The shares closed at C$96.01 on the Toronto Stock Exchange, down about 3 percent that day.

LNR, CA52741Q1037, Illustration mit AI erstellt.

Linamar Corp. stock (ISIN CA52741Q1037) came under pressure on September 18, 2026 after BMO Capital Markets downgraded the Canadian auto-parts and industrial machinery group to Market Perform and set a new price target of 105.00 Canadian dollars.MarketBeat reported that the downgrade and target revision came with Linamar shares trading in the mid-90 Canadian dollar range, adding pressure to a stock that had recently traded closer to triple digits.

Analyst downgrade shifts sentiment

According to MarketBeat on September 18, 2026, BMO Capital Markets cut its rating on Linamar from an earlier, more positive stance to Market Perform and attached a 105.00 Canadian dollar price target, while the broader analyst consensus compiled by the portal still points to an average target of 110.71 Canadian dollars and an overall Hold recommendation for the stock.

As Baystreet reported in its September 18, 2026 Toronto market wrap, Linamar shares lost 3.39 Canadian dollars, or about 3.4 percent, to close at 96.20 Canadian dollars after rating cuts from BMO Capital Markets weighed on several auto and industrial names, including Magna International.

Recent fundamentals and valuation context

Linamar has recently reported full-year financial figures that investors use as a benchmark when comparing the current price and valuation to the company’s operational performance. A freely accessible copy of Linamar’s 2022 annual report shows that fiscal year 2022, which ended on December 31, 2022, is the last fully documented year available in that document.Sustainability Reports lists the period end as December 31, 2022, making those figures a historical comparison point rather than a current snapshot for September 2026.

For investors, the key takeaway is that the latest analyst actions are being judged against a backdrop of historically documented earnings and cash flows while the market waits for more recent interim or full-year data from Linamar’s own investor-relations channels.Linamar provides official filings and presentations that will update those historical numbers once the next set of results is published.

Stock price and trading data

Per Toronto Stock Exchange data reported by MarketBeat, Linamar stock closed at 96.01 Canadian dollars on the Toronto Stock Exchange on September 18, 2026, down 3.58 Canadian dollars from the prior close, which implies a single-day decline of roughly 3.6 percent as investors reacted to the rating downgrade and adjusted price target.

In the same snapshot, the portal highlights that Linamar’s consensus target price of 110.71 Canadian dollars sits around 15 percent above the September 18, 2026 closing level of 96.01 Canadian dollars, underscoring that while BMO Capital Markets now sees more limited upside at 105.00 Canadian dollars, other covering analysts still anticipate moderate appreciation potential from the current price.MarketBeat notes that this spread between the market price and consensus target is accompanied by a Hold rating, reflecting a balanced view of risk and opportunity.