Linde AG (LIN) Receives Consensus Rating of “Hold” from Brokerages
Shares of Linde AG (ETR:LIN) have been given an average rating of “Hold” by the twenty-four brokerages that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is €174.07 ($195.58).
A number of brokerages have recently issued reports on LIN. Sanford C. Bernstein set a €152.00 ($170.79) price target on shares of Linde AG and gave the company a “neutral” rating in a report on Tuesday, April 18th. Commerzbank Ag set a €180.00 ($202.25) price target on shares of Linde AG and gave the company a “neutral” rating in a report on Friday, June 2nd. Independent Research GmbH set a €171.00 ($192.13) price target on shares of Linde AG and gave the company a “neutral” rating in a report on Friday, April 28th. Barclays PLC set a €176.00 ($197.75) price target on shares of Linde AG and gave the company a “buy” rating in a report on Monday. Finally, Baader Bank set a €180.00 ($202.25) price target on shares of Linde AG and gave the company a “buy” rating in a report on Wednesday, March 8th.
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Linde AG (LIN) traded down 0.511% on Monday, hitting €170.471. 824 shares of the company’s stock traded hands. Linde AG has a one year low of €117.30 and a one year high of €179.50. The stock has a market cap of €31.65 billion and a PE ratio of 27.258. The stock has a 50-day moving average of €171.95 and a 200-day moving average of €159.55.
Linde AG Company Profile
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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