Separately, TD Securities reiterated a hold rating on shares of Linamar in a report on Thursday.
Linamar stock traded down $1.29 during mid-day trading on Friday, hitting $36.55. The stock had a trading volume of 156,313 shares, compared to its average volume of 7,015. Linamar has a 12 month low of $36.32 and a 12 month high of $61.39.
Linamar Corporation manufactures and sells precision metallic components, modules, and systems in Canada, the United States, the Asia Pacific, Mexico, and Europe. It operates through two segments, Powertrain/Driveline and Industrial. The company offers hybrid power units, power transfer units, rear drive units/modules, and engineered gears; and shaft and shell assemblies, differential assemblies, transmission gears, clutch modules, center housings, transmission/driveline shafts, transfer case pump housings, and other transmission components.
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