Morgan Stanley Analysts Give Linde AG (LIN) a €168.00 Price Target
Linde AG (ETR:LIN) has been assigned a €168.00 ($186.67) price objective by equities researchers at Morgan Stanley in a report issued on Thursday. The firm presently has a a “buy” rating on the stock.
LIN has been the subject of a number of other reports. Bank of America Corp. set a €160.00 ($177.78) price target on shares of Linde AG and gave the company a “buy” rating in a report on Thursday, July 14th. Deutsche Bank AG set a €180.00 ($200.00) price objective on shares of Linde AG and gave the stock a “buy” rating in a report on Tuesday, August 23rd. DZ Bank AG reissued a “sell” rating on shares of Linde AG in a report on Monday, August 29th. BNP Paribas set a €140.00 ($155.56) price objective on shares of Linde AG and gave the stock a “neutral” rating in a report on Friday, September 16th. Finally, Commerzbank AG set a €150.00 ($166.67) price objective on shares of Linde AG and gave the stock a “buy” rating in a report on Tuesday, August 16th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the stock. The company currently 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. Linde AG has a 12-month low of €113.97 and a 12-month high of €169.48. The company’s 50-day moving average is €149.30 and its 200 day moving average is €135.02. The stock has a market capitalization of €27.21 billion and a PE ratio of 22.66.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/13/morgan-stanley-analysts-give-linde-ag-lin-a-168-00-price-target.html
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.
Receive News & Ratings for Linde AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linde AG and related companies with MarketBeat.com's FREE daily email newsletter.