Positive Report for Linamar (LNR) from CIBC

Today, an analyst has provided a rating update for the Conglomerates sector company, Linamar (TSX: LNR). The company received a Buy rating from CIBC’s analyst Todd Coupland, with a C$82 price target.

Coupland has an average return of 20.0% when recommending Linamar.

According to TipRanks.com, Coupland is ranked #4412 out of 4872 analysts.

Linamar has an analyst consensus of Moderate Buy, with a price target consensus of C$80.20.

The company has a one-year high of C$80.58 and a one-year low of C$52.08. Currently, Linamar has an average volume of 295.1K.

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 Thursday at C$61.06.