TD trims target for Linamar stock to CAD 120.00, 30.8 percent above price
Published on 10/15/2026 at 22:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- TD Securities lowered its Linamar target from CAD 123.00 to CAD 120.00 on October 8, 2026.
- Second-quarter revenue rose 19.00 percent year over year to CAD 3.14 billion.
- Linamar stock costs EUR 57.68 at Lang & Schwarz on October 15, 2026 at 9:59 p.m. CEST, down 0.36 percent on the TSX versus the prior close.
- Linamar is scheduled to report third-quarter 2026 results on November 4, 2026.
TD Securities lowered its Linamar price target from CAD 123.00 to CAD 120.00 on October 8, 2026, while maintaining a Buy rating, as MarketBeat reported. The new target is 30.80 percent above the TSX price of CAD 91.74 last at 4:00 p.m. ET on October 15, 2026. At Lang & Schwarz, Linamar stock was EUR 57.68 on October 15, 2026 at 9:59 p.m. CEST, down 0.36 percent on the TSX versus the prior close of October 14, 2026.
Second-quarter growth sets the tone
Linamar's latest reported quarter delivered the strongest operating figure in the current picture. Revenue reached CAD 3.14 billion in the second quarter of 2026, up 19.00 percent from the second quarter of 2025, while diluted earnings per share came to CAD 3.08, according to Simply Wall St. Net income was CAD 183.1 million, 44.00 percent above the year-earlier figure of CAD 126.9 million.
Price sits 16.97 percent below its high
The TSX quotation of CAD 91.74 stood 16.97 percent below the 52-week high of CAD 110.58 and 31.06 percent above the 52-week low of CAD 70.00 on October 15, 2026. The stock's one-day move was smaller than the 2.61 percent gain recorded by Magna International, while Martinrea International fell 1.54 percent on the same session.
Valuation and the next date
Linamar carried a market capitalization of CAD 5.4 billion and a price-to-earnings ratio of 8.01 on October 15, 2026. Its trailing dividend yield was 1.00 percent. The investor calendar lists November 4, 2026 as the date for the third-quarter 2026 earnings call, according to Linamar.
Comparison with peers
Linamar (TSX, CAD): down 0.36 percent, P/E 8.01, market capitalization CAD 5.4 billion
Magna International (TSX, CAD): up 2.61 percent, P/E 24.56, market capitalization CAD 25.2 billion
Martinrea International (TSX, CAD): down 1.54 percent, P/E 5.61, market capitalization CAD 0.7 billion
After-hours price keeps the market frame clear
The contrast is direct: Linamar combines faster second-quarter revenue growth with a lower earnings multiple than Magna International, while its valuation is higher than Martinrea's. The next company-specific checkpoint is the November 4, 2026 results date, which will test whether the second-quarter growth rate carried into the next period.
Linamar Corporation is listed on the TSX under LNR and operates in the Consumer Cyclical sector, with automotive parts as its industry. The company has 37,000 employees and operates through Mobility and Industrial segments.
The further course of trading is shown by the continuously updated real-time quote of Linamar stock.
Linamar stock facts
- Company: Linamar Corporation
- ISIN: CA53278L1076
- Ticker: LNR
- Primary exchange: TSX
- Price Lang & Schwarz (as of October 15, 2026, 9:59 p.m. CEST): EUR 57.68
- Change on TSX versus prior close: down 0.36 percent
- Market capitalization: CAD 5.4 billion (as of October 15, 2026)
- 52-week range: CAD 70.00-110.58 (as of October 15, 2026)
- Sector / Industry: Consumer Cyclical / Auto - Parts
- Next earnings date: November 4, 2026
Market context: Market report S&P/TSX Composite.
