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).

Analyst Recommendations for Linde AG (ETR:LIN)

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.

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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.

12 Month Chart for ETR:LIN

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