Analyst Ratings For Linamar (TSE:LNR)
Today, Scotiabank reiterated its Outperform rating on Linamar (TSE:LNR) with a price target of C$80.00.
There are 5 hold ratings, 2 buy ratings on the stock.
The current consensus rating on Linamar (TSE:LNR) is Hold (Score: 2.29) with a consensus target price of C$68.33 per share, a potential .
Some recent analyst ratings include
- 3/9/2017-Scotiabank Reiterated Rating of Outperform.
- 3/9/2017-Royal Bank of Canada Reiterated Rating of Sector Perform.
- 12/20/2016-CIBC was Downgraded by analysts at CIBC from a “Outperform ” rating to a ” Neutral” rating. They now have a C$65.00 price target on the stock, up previously from C$72.00 .
- 9/28/2016-Macquarie Reiterated Rating of Outperform.
About Linamar (TSE:LNR)
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. The Company’s Machining and Assembly, Casting and Forging operating groups focus on precision metallic components, modules and systems for engine, transmission, driveline and body systems designed for global vehicle and industrial markets. The Company’s Skyjack operating group is noted for its mobile industrial equipment, notably its aerial work platforms and tele handlers. The Company provides core engine components, including cylinder blocks and heads, camshafts and connecting rods. For transmission, it builds differential assemblies, gear sets, shaft and shell assemblies, as well as clutch modules.
Recent Trading Activity for Linamar (TSE:LNR)
Shares of Linamar closed the previous trading session at 59.74 down -2.34 -3.77% with 579,136 shares trading hands.
