Other equities analysts also recently issued research reports about the stock. Scotiabank upped their price objective on shares of Linamar from C$96.00 to C$99.00 and gave the stock an outperform rating in a research report on Friday. BMO Capital Markets lowered their price target on shares of Linamar from C$74.00 to C$70.00 and set a market perform rating on the stock in a research note on Friday. Royal Bank of Canada upped their price target on shares of Linamar from C$81.00 to C$82.00 and gave the stock a sector perform rating in a research note on Monday, February 12th. CIBC upped their price target on shares of Linamar from C$81.00 to C$85.00 in a research note on Thursday. Finally, TD Securities lowered their price target on shares of Linamar from C$84.00 to C$82.00 and set a hold rating on the stock in a research note on Wednesday, November 8th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Linamar currently has an average rating of Hold and a consensus target price of C$84.00.
Shares of Linamar (TSE:LNR) traded up C$0.01 during trading on Thursday, reaching C$73.76. 142,154 shares of the company’s stock were exchanged, compared to its average volume of 180,774. The stock has a market cap of $4,820.00, a P/E ratio of 9.09 and a beta of 1.41. Linamar has a 52 week low of C$54.36 and a 52 week high of C$80.58.
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Linamar Corporation is a Canada-based diversified manufacturing company of engineered products powering vehicles, motion, work and lives. The Company operates through two segments: the Powertrain/Driveline and the Industrial. The segments are divided into four operating groups: Machining & Assembly, Light Metal Casting, Forging and Skyjack.
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