Commerzbank AG Analysts Give Linde AG (LIN) a €150.00 Price Target
Linde AG (ETR:LIN) has been assigned a €150.00 ($164.84) price objective by analysts at Commerzbank AG in a report released on Wednesday. The firm currently has a a “neutral” rating on the stock.
A number of other analysts have also recently weighed in on LIN. Credit Suisse Group AG set a €151.50 ($166.48) price objective on Linde AG and gave the stock a “buy” rating in a research report on Thursday, June 23rd. Baader Bank set a €172.00 ($189.01) price objective on Linde AG and gave the stock a “buy” rating in a research report on Friday, June 24th. Kepler Capital Markets set a €148.00 ($162.64) price objective on Linde AG and gave the stock a “buy” rating in a research report on Thursday, June 30th. Deutsche Bank AG set a €150.00 ($164.84) price objective on Linde AG and gave the stock a “buy” rating in a research report on Monday, July 4th. Finally, Barclays PLC set a €150.00 ($164.84) price objective on Linde AG and gave the stock a “buy” rating in a research report on Tuesday, July 5th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of €146.38 ($160.85).
Shares of Linde AG (ETR:LIN) opened at 149.581 on Wednesday. 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 price is €148.59 and its 200 day moving average price is €135.54. The stock has a market capitalization of €27.77 billion and a PE ratio of 23.119.
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/2016/10/19/commerzbank-ag-analysts-give-linde-ag-lin-a-150-00-price-target.html
About Linde AG
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.