Linde AG (LIN) PT Set at €175.00 by Independent Research GmbH
Linde AG (ETR:LIN) has been assigned a €175.00 ($196.63) target price by stock analysts at Independent Research GmbH in a note issued to investors on Friday. The brokerage currently has a “neutral” rating on the basic materials company’s stock.
LIN has been the subject of several other reports. Sanford C. Bernstein set a €152.00 ($170.79) price objective on Linde AG and gave the company a “neutral” rating in a research note on Tuesday, April 18th. Baader Bank set a €180.00 ($202.25) price target on Linde AG and gave the stock a “buy” rating in a research note on Wednesday, March 8th. S&P Global set a €150.00 ($168.54) price target on Linde AG and gave the stock a “sell” rating in a research note on Friday, April 28th. Commerzbank Ag set a €180.00 ($202.25) price target on Linde AG and gave the stock a “neutral” rating in a research note on Friday, April 28th. Finally, Nord/LB set a €149.00 ($167.42) price target on Linde AG and gave the stock a “neutral” rating in a research note on Monday, March 13th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of €169.59 ($190.55).
Shares of Linde AG (ETR:LIN) traded down 0.825% during mid-day trading on Friday, reaching €171.556. The company’s stock had a trading volume of 654 shares. The company has a market cap of €31.85 billion and a PE ratio of 27.431. The company has a 50-day moving average price of €163.75 and a 200 day moving average price of €156.52. Linde AG has a 52-week low of €117.30 and a 52-week high of €175.50.
About Linde AG
Linde AG is a Germany-based gas and engineering company that operates through three segments: Gases, Engineering and Other. The Gases segment offers a wide range of compressed and liquefied -gases, as well as chemicals to various industries, including energy, steel production, chemical processing, environmental protection and welding, as well as in food processing, glass production and electronics.
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