Linamar (TSE:LNR) had its target price lifted by Scotiabank from C$96.00 to C$99.00 in a report released on Friday. Scotiabank currently has an outperform rating on the stock.

Other equities research analysts also recently issued research reports about the company. Royal Bank of Canada lifted their target price on Linamar from C$82.00 to C$84.00 and gave the company a sector perform rating in a research report on Thursday. BMO Capital Markets reduced their target price on Linamar from C$74.00 to C$70.00 and set a market perform rating on the stock in a research report on Friday. Finally, CIBC lifted their target price on Linamar from C$81.00 to C$85.00 in a research report on Thursday. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of C$84.00.

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Linamar (TSE LNR) opened at C$73.76 on Friday. Linamar has a 1 year low of C$54.36 and a 1 year high of C$80.58. The company has a market capitalization of $4,820.00, a P/E ratio of 9.09 and a beta of 1.41.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 17th. Shareholders of record on Tuesday, April 3rd will be given a $0.12 dividend. The ex-dividend date of this dividend is Monday, April 2nd. This represents a $0.48 dividend on an annualized basis and a yield of 0.65%. Linamar’s dividend payout ratio is currently 5.67%.

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Linamar Company Profile

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.

Analyst Recommendations for Linamar (TSE:LNR)

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