Several other brokerages have also weighed in on LNR. BMO Capital Markets dropped their price objective on shares of Linamar from C$74.00 to C$70.00 and set a market perform rating on the stock in a research report on Friday. Royal Bank of Canada raised their price target on shares of Linamar from C$80.00 to C$81.00 and gave the stock a sector perform rating in a research report on Thursday, January 18th. Finally, CIBC raised their price target on shares of Linamar from C$81.00 to C$85.00 in a research report on Thursday, March 8th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Linamar has a consensus rating of Hold and an average price target of C$84.00.
Linamar (TSE:LNR) opened at C$74.48 on Friday. The firm has a market cap of $4,870.00, a PE ratio of 9.18 and a beta of 1.41. Linamar has a 1 year low of C$54.36 and a 1 year high of C$80.58.
Linamar Company Profile
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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