Equities research analysts at RBC Capital lifted their price target on shares of Linamar (TSE: LNR)
Separately, analysts at Scotia Capital raised their price target on shares of Linamar from $25.00 to $26.00 in a research note to investors on Thursday, November 15th. They now have an ?outperform? rating on the stock.
Shares of Linamar traded up 2.34% during mid-day trading on Monday, hitting $24.95. Linamar has a 52 week low of $14.16 and a 52 week high of $24.38. The stock?s 50-day moving average is currently $22.01. The company has a market cap of $1.614 billion and a P/E ratio of 11.08.
Linamar Corporation (Linamar) is a diversified global manufacturing company of engineered products. The Company operates in two segments: Powertrain/Driveline and Industrial.