Linde AG (ETR:LIN) Given a €175.00 Price Target at BNP Paribas
Linde AG (ETR:LIN) has been assigned a €175.00 ($201.15) price objective by analysts at BNP Paribas in a research note issued to investors on Monday. The brokerage currently has a “neutral” rating on the basic materials company’s stock.
A number of other brokerages have also issued reports on LIN. UBS AG set a €160.00 ($183.91) target price on shares of Linde AG and gave the company a “neutral” rating in a research note on Friday, April 28th. Barclays PLC set a €175.00 ($201.15) target price on shares of Linde AG and gave the company a “buy” rating in a research note on Tuesday, July 18th. Deutsche Bank AG set a €210.00 ($241.38) target price on shares of Linde AG and gave the company a “buy” rating in a research note on Tuesday, July 11th. Sanford C. Bernstein set a €165.00 ($189.66) target price on shares of Linde AG and gave the company a “neutral” rating in a research note on Friday, July 7th. Finally, Baader Bank set a €190.00 ($218.39) target price on shares of Linde AG and gave the company a “buy” rating in a research note on Thursday, March 30th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of €174.27 ($200.31).
Linde AG (ETR LIN) traded up 0.299% during midday trading on Monday, reaching €170.039. 291 shares of the company were exchanged. Linde AG has a 52 week low of €125.35 and a 52 week high of €179.50. The firm has a market capitalization of €31.57 billion and a PE ratio of 27.189. The company has a 50-day moving average of €172.45 and a 200 day moving average of €161.11.
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Linde AG Company Profile
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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