Linamar traded at 89.43 this Wednesday October 21st, decreasing 2.17 or 2.37 percent since the previous trading session. Looking back, over the last four weeks, Linamar lost 7.06 percent. Over the last 12 months, its price rose by 21.36 percent. Looking ahead, we forecast Linamar to be priced at 89.21 by the end of this quarter and at 83.24 in one year, according to Trading Economics global macro models projections and analysts expectations.
Linamar Corp is a Canada-based manufacturing company. The Company is engaged in the design, development and production of engineered products. It operates through two segments: Industrial segment and Transportation segment. The segments are divided into five operating groups: Skyjack, Agriculture, Machining & Assembly, Light Metal Casting and Forging. The Company’s Skyjack and MacDon companies provide mobile industrial and harvesting equipment, aerial work platforms, telehandlers, draper headers and self-propelled windrowers. The Company’s Machining & Assembly, Light Metal Casting and Forging operating groups focus on precision metallic components, modules and systems for powertrain, driveline and body systems designed for global electrified and traditionally powered vehicle and industrial markets. It operates through approximately 60 manufacturing locations in 17 countries in North and South America, Europe and Asia.