Linde AG (ETR:LIN) Receives Consensus Recommendation of “Hold” from Brokerages
Linde AG (ETR:LIN) has been assigned a consensus recommendation of “Hold” from the twenty-five research firms that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is €173.85 ($199.83).
A number of equities analysts have issued reports on the company. Barclays PLC set a €175.00 ($201.15) price objective on Linde AG and gave the stock a “buy” rating in a report on Tuesday. Deutsche Bank AG set a €210.00 ($241.38) price objective on Linde AG and gave the stock a “buy” rating in a report on Tuesday, July 11th. Baader Bank set a €205.00 ($235.63) price objective on Linde AG and gave the stock a “buy” rating in a report on Monday, July 10th. Sanford C. Bernstein set a €165.00 ($189.66) price objective on Linde AG and gave the stock a “neutral” rating in a report on Friday, July 7th. Finally, Societe Generale set a €200.00 ($229.89) price objective on Linde AG and gave the stock a “buy” rating in a report on Friday, July 7th.
Linde AG (LIN) traded down 0.720% during mid-day trading on Friday, hitting €169.532. 90 shares of the stock traded hands. Linde AG has a 1-year low of €125.35 and a 1-year high of €179.50. The firm has a market capitalization of €31.47 billion and a P/E ratio of 27.108. The company has a 50-day moving average of €172.45 and a 200 day moving average of €161.11.
About Linde AG
Linde AG is a Germany-based company engaged in the industrial gases manufacture. The Company 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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