Csaba Havasi Sells 4,000 Shares of Linamar Co. (TSE:LNR) Stock

Linamar Co. (TSE:LNR - Get Free Report) Senior Officer Csaba Havasi sold 4,000 shares of the business's stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of C$61.96, for a total value of C$247,848.00.

Csaba Havasi also recently made the following trade(s):

• On Friday, May 2nd, Csaba Havasi sold 2,000 shares of Linamar stock. The shares were sold at an average price of C$50.91, for a total value of C$101,816.40.

Linamar Stock Down 0.1%

LNR stock traded down C$0.04 during midday trading on Friday, hitting C$63.02. The stock had a trading volume of 119,733 shares, compared to its average volume of 146,123. The firm has a market cap of C$3.86 billion, a price-to-earnings ratio of 6.58, a price-to-earnings-growth ratio of 1.12 and a beta of 1.41. The business has a 50-day moving average of C$53.46 and a two-hundred day moving average of C$55.35. Linamar Co. has a 52-week low of C$43.84 and a 52-week high of C$71.95. The company has a debt-to-equity ratio of 42.84, a current ratio of 1.79 and a quick ratio of 0.75.

Analyst Ratings Changes

A number of equities analysts recently commented on LNR shares. BMO Capital Markets decreased their target price on Linamar from C$75.00 to C$65.00 in a report on Thursday, March 6th. TD Securities upgraded Linamar from a "hold" rating to a "buy" rating and upped their target price for the company from C$59.00 to C$66.00 in a report on Thursday, May 8th. CIBC downgraded Linamar from an "outperform" rating to a "neutral" rating and decreased their target price for the company from C$82.00 to C$55.00 in a report on Wednesday, March 5th. Cibc World Mkts downgraded Linamar from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Finally, Scotiabank upped their price target on Linamar from C$61.00 to C$66.00 and gave the stock a "sector perform" rating in a research note on Thursday, May 8th.

About Linamar

Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets.