Linamar Co. (TSE:LNR) Receives C$111.67 Consensus Target Price from Analysts

Shares of Linamar Co. (TSE:LNR – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the six analysts that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$111.67.

LNR has been the topic of a number of research reports. Canadian Imperial Bank of Commerce raised their target price on shares of Linamar from C$115.00 to C$120.00 in a research report on Thursday, August 13th. TD increased their price objective on shares of Linamar from C$119.00 to C$123.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Raymond James Financial lifted their price objective on shares of Linamar from C$90.00 to C$100.00 and gave the company a “market perform” rating in a report on Thursday, May 7th. Scotia boosted their price objective on shares of Linamar from C$96.00 to C$99.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 7th. Finally, Scotiabank upped their target price on Linamar from C$102.00 to C$114.00 and gave the stock a “sector perform” rating in a report on Thursday, August 13th.

Get Linamar alerts:

Get Our Latest Analysis on LNR

Linamar Price Performance

LNR opened at C$109.00 on Friday. The company has a market capitalization of C$6.43 billion, a price-to-earnings ratio of 9.51, a PEG ratio of 1.12 and a beta of 1.71. The company has a current ratio of 1.88, a quick ratio of 0.75 and a debt-to-equity ratio of 32.89. Linamar has a 12-month low of C$70.00 and a 12-month high of C$110.58. The business’s fifty day simple moving average is C$102.82 and its 200-day simple moving average is C$95.47.

About Linamar

(Get Free Report)

Linamar Corp is a diversified global manufacturing company of highly engineered products. The Company’s Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. In addition, McLaren Engineering and eLIN Product Solutions Group provide design, development, and testing services for the Mobility segment.

Featured Stories

• Five stocks we like better than Linamar
• Blueprint for a Boom: SEC Clears the Crypto Runway
• Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
• Advance Auto Parts Plunged, But Its Turnaround Is Still Working
• Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?

Receive News & Ratings for Linamar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linamar and related companies with MarketBeat.com's FREE daily email newsletter.