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An announcement from Linamar ( (TSE:LNR) ) is now available.
Linamar Corporation has completed its acquisition of select Aludyne North America assets for $300 million USD, enhancing its Structures and Chassis business with advanced capabilities in aluminum casting, precision machining, and product design. This strategic acquisition aligns with Linamar’s focus on propulsion-agnostic structural components and is expected to bolster its Mobility Segment. The integration of Aludyne’s facilities and workforce is set to accelerate Linamar’s business optimization plan, supporting customer needs and ensuring sustainable growth.
The most recent analyst rating on (TSE:LNR) stock is a Buy with a C$89.00 price target. To see the full list of analyst forecasts on Linamar stock, see the TSE:LNR Stock Forecast page.
Spark’s Take on TSE:LNR Stock
According to Spark, TipRanks’ AI Analyst, TSE:LNR is a Outperform.
Linamar’s overall stock score reflects a strong financial foundation and positive technical indicators, despite challenges in revenue growth and industrial segment performance. The company’s ability to generate free cash flow and manage tariffs effectively are significant strengths, while valuation concerns and market challenges pose risks.
To see Spark’s full report on TSE:LNR stock, click here.
More about Linamar
Linamar Corporation is a diversified advanced manufacturing company that integrates leading-edge technology with deep manufacturing expertise to create solutions for vehicles, motion, work, and lives. The company specializes in casting, forging, metal forming, machining, and assembly, serving a wide range of industries including Mobility, Agriculture, Access, MedTech, Water, Power, Defense, and Robotics. Linamar operates globally with over 34,000 employees across 75 manufacturing locations, 17 R&D centers, and 31 sales offices in 19 countries, generating sales of more than $10.5 billion in 2024.
YTD Price Performance: 40.94%
Average Trading Volume: 104,353
Technical Sentiment Signal: Buy
Current Market Cap: C$4.72B
Find detailed analytics on LNR stock on TipRanks’ Stock Analysis page.