Wall Street analyst has provided a review for the Conglomerates company yesterday, but retained the same rating on the stock. Linamar (TSX: LNR) received a Hold rating from CIBC’s analyst Todd Coupland, with a C$70 price target.
Coupland has an average return of 20.0% when recommending Linamar.
According to TipRanks.com, Coupland is ranked #4457 out of 4850 analysts.
Linamar has an analyst consensus of Moderate Buy, with a price target consensus of C$79, implying a 43.6% upside from current levels. In a report released today, BMO Capital also reiterated a Hold rating on the stock with a C$70 price target.
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The company has a one-year high of C$80.58 and a one-year low of C$54.05. Currently, Linamar has an average volume of 253.7K.
Linamar Corp. is a diversified manufacturing company, which engages in engineered products powering vehicles, motion, work and lives. It operates through the following segments: Powertrain & Driveline, and Industrial.
The company’s shares closed on Wednesday at C$55.02, close to its 52-week low of C$54.05.
