Linde AG (LIN) Given a €168.00 Price Target at Morgan Stanley
Linde AG (ETR:LIN) received a €168.00 ($186.67) target price from stock analysts at Morgan Stanley in a research note issued on Thursday. The firm presently has a a “buy” rating on the stock.
A number of other equities analysts have also recently commented on the company. Sanford C. Bernstein set a €115.00 ($127.78) target price on Linde AG and gave the stock a “sell” rating in a report on Thursday. Credit Suisse Group AG set a €160.00 ($177.78) target price on Linde AG and gave the stock a “buy” rating in a report on Thursday. BNP Paribas set a €140.00 ($155.56) target price on Linde AG and gave the stock a “neutral” rating in a report on Wednesday, October 5th. Barclays PLC set a €160.00 ($177.78) target price on Linde AG and gave the stock a “buy” rating in a report on Tuesday, October 4th. Finally, Deutsche Bank AG set a €180.00 ($200.00) target price on Linde AG and gave the stock a “buy” rating in a report on Thursday, September 29th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of €146.38 ($162.64).
Linde AG (ETR:LIN) opened at 146.60 on Thursday. The company has a market cap of €27.21 billion and a P/E ratio of 22.66. The firm has a 50-day moving average price of €149.30 and a 200-day moving average price of €135.02. Linde AG has a 12-month low of €113.97 and a 12-month high of €169.48.
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Linde AG Company Profile
Linde AG is a Germany-based company engaged in the gas and engineering sectors. It operates three divisions: Gases; Engineering (core divisions), as well as Gist. The Gases Division includes Healthcare, producing medical gases; and Tonnage, as its two global business units; as well as the two business areas Merchant and Packaged Gases, offering liquefied and cylinder gases, and Electronics.
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