On May 8, 2025, a notable update was issued by Scotiabank concerning Linamar (LNR, Financial). Analyst Jonathan Goldman from Scotiabank has maintained a "Sector Perform" rating for Linamar, reaffirming the previous stance on the stock.
In addition to maintaining the rating, Scotiabank has adjusted the price target for Linamar (LNR, Financial). The new price target has been raised from CAD 61.00 to CAD 66.00, representing an 8.20% increase. This adjustment in price target is indicative of Scotiabank's updated valuation outlook for the company.
Investors and market participants following Linamar (LNR, Financial) will find the latest price target and rating updates from Scotiabank useful in evaluating the stock's potential performance in the upcoming months. The changes reflect Scotiabank's current assessment under the prevailing market conditions.