Linamar Corp Rating Increased to Buy at TD Securities (LIMAF)
Linamar Corp (NASDAQ:LIMAF) was upgraded by stock analysts at TD Securities from a “hold” rating to a “buy” rating in a report issued on Friday. The firm currently has a C$75.00 price target on the stock, up from their previous price target of C$73.00.
Linamar Corp (NASDAQ:LIMAF) traded up 5.04% during mid-day trading on Friday, hitting $58.82. 700 shares of the company’s stock traded hands. Linamar Corp has a 52-week low of $30.89 and a 52-week high of $61.54. The stock has a 50-day moving average of $58.54 and a 200-day moving average of $50.72. The company has a market cap of $3.824 billion and a P/E ratio of 13.81.
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