Linde Group Stock Rating Lowered by Goldman Sachs (LNEGY)
Linde Group (NASDAQ:LNEGY) was downgraded by investment analysts at Goldman Sachs from a “buy” rating to a “neutral” rating in a note issued to investors on Friday, TheFlyOnTheWall.com reports.
Linde Group (NASDAQ:LNEGY) opened at 20.66 on Friday. Linde Group has a one year low of $18.05 and a one year high of $21.20. The stock’s 50-day moving average is $20.20 and its 200-day moving average is $20.05. The company has a market cap of $38.342 billion and a P/E ratio of 21.65.
Linde Group (NASDAQ:LNEGY) last announced its earnings results on Wednesday, May 7th. The company reported $0.22 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.24 by $0.02.
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