Linamar (OTCMKTS:LIMAF) PT Raised to C$84.00

Linamar (OTCMKTS:LIMAF – Get Rating) had its price target lifted by equities researchers at Raymond James from C$82.00 to C$84.00 in a note issued to investors on Thursday, The Fly reports.

Several other brokerages also recently commented on LIMAF. TD Securities upped their price target on shares of Linamar from C$86.00 to C$90.00 in a research report on Thursday. BMO Capital Markets upped their price target on shares of Linamar from C$80.00 to C$92.00 in a research report on Thursday, March 2nd. CIBC upped their price objective on shares of Linamar from C$80.00 to C$86.00 in a research note on Thursday. Finally, Scotiabank upped their price objective on shares of Linamar from C$80.00 to C$90.00 in a research note on Wednesday, December 7th.

Linamar Stock Performance

Shares of OTCMKTS:LIMAF opened at $48.49 on Thursday. Linamar has a 52 week low of $35.33 and a 52 week high of $57.02. The firm has a 50 day simple moving average of $51.56 and a 200 day simple moving average of $47.64.

About Linamar

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Linamar Corp. is a diversified manufacturing company, which engages in engineered products powering vehicles, motion, work and lives. It operates through the following segments: Transportation and Industrial. The Transportation segment .The Industrial segment designs and produces mobile industrial equipment, aerial work platforms and telehandlers agricultural equipment.