Linde AG (LIN) Given a €150.00 Price Target at Commerzbank AG
Linde AG (ETR:LIN) has been given a €150.00 ($164.84) price target by analysts at Commerzbank AG in a report released on Wednesday. The brokerage presently has a a “neutral” rating on the stock.
A number of other research firms have also recently commented on LIN. Sanford C. Bernstein set a €107.00 ($117.58) price target on Linde AG and gave the company a “sell” rating in a report on Tuesday, July 19th. Kepler Capital Markets set a €148.00 ($162.64) price target on Linde AG and gave the company a “buy” rating in a report on Friday, July 15th. Bank of America Corp. set a €160.00 ($175.82) price objective on Linde AG and gave the company a “buy” rating in a research report on Thursday, July 14th. DZ Bank AG restated a “neutral” rating on shares of Linde AG in a research report on Thursday, July 14th. Finally, BNP Paribas set a €140.00 ($153.85) price objective on Linde AG and gave the company a “neutral” rating in a research report on Wednesday, July 13th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company’s stock. Linde AG has a consensus rating of “Hold” and a consensus target price of €146.38 ($160.85).
Linde AG (ETR:LIN) opened at 149.581 on Wednesday. The company has a market cap of €27.77 billion and a price-to-earnings ratio of 23.119. The firm’s 50-day moving average price is €148.59 and its 200-day moving average price is €135.54. Linde AG has a 52-week low of €113.97 and a 52-week high of €169.48.
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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.
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