TD Securities cuts target for Martinrea stock to CAD 15.00

Published on 10/15/2026 at 18:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Martinrea's market value was CAD 669.7 million on October 15, 2026. Martinrea stock costs EUR 6.05 on October 15, 2026 at 6:45 p.m. CEST.

Analyst view and market levels

TD Securities lowered its Martinrea target to CAD 15.00 on October 8, 2026.
Martinrea's market capitalization stood at CAD 669.7 million on October 15, 2026.
Martinrea stock traded at EUR 6.05 at 6:45 p.m. CEST at Lang & Schwarz on October 15, 2026.
Martinrea's trailing P/E ratio was 5.62 on October 15, 2026.

MRE, CA5734591046, Illustration mit AI erstellt.

Martinrea International (ISIN CA5734591046) trades at EUR 6.05 at Lang & Schwarz on October 15, 2026 at 6:45 p.m. CEST. The key market reference is TD Securities' revised target for the Canadian auto-parts supplier.

TD Securities lowers its target

According to The Globe and Mail on October 8, 2026, TD Securities maintained its Buy rating and lowered the Martinrea target from CAD 16.00 to CAD 15.00. Against Martinrea's TSX price of CAD 9.57 at 12:53 p.m. ET on October 15, 2026, the revised target was 56.74 percent higher.

The target change gives investors a current valuation marker without turning the analyst view into a forecast. Martinrea's investor-relations page lists its Q2 2026 financial statements, results presentation, shareholder report and management discussion and analysis among the company's public filings.

Price position and valuation

On the TSX, Martinrea traded at CAD 9.57 on October 15, 2026 at 12:53 p.m. ET. The 52-week range was CAD 8.72 to CAD 11.72, placing the stock 18.34 percent below its high and 9.75 percent above its low. The euro quote showed a bid of EUR 6.00 and an ask of EUR 6.10 at Lang & Schwarz.

Martinrea's market capitalization was CAD 669.7 million on October 15, 2026, while its trailing P/E ratio was 5.62. For scale, Linamar had a CAD 5.4 billion market capitalization and a P/E ratio of 7.96, while Magna International stood at CAD 25.0 billion and a P/E ratio of 24.45.

Comparison with peers

Martinrea International: P/E 5.62, market capitalization CAD 669.7 million.

Linamar (TSX, CAD): minus 1.12 percent, P/E 7.96, market capitalization CAD 5.4 billion.

Magna International (TSX, CAD): plus 2.11 percent, P/E 24.45, market capitalization CAD 25.0 billion.

Euro quote after Xetra close

The Lang & Schwarz euro quote stood at EUR 6.05 on October 15, 2026 at 6:45 p.m. CEST. The stock's Canadian listing remained the primary market reference for the analyst target, valuation and peer comparison.

The further course of trading is shown by the continuously updated real-time quote of Martinrea International stock.