Linde AG (LIN) Receives Consensus Rating of “Hold” from Analysts
Linde AG (ETR:LIN) has been given a consensus recommendation of “Hold” by the twenty-five research firms that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is €174.46 ($205.25).
Several research analysts have issued reports on the stock. Deutsche Bank AG set a €210.00 ($247.06) price target on shares of Linde AG and gave the stock a “buy” rating in a report on Monday. Baader Bank set a €200.00 ($235.29) price target on shares of Linde AG and gave the stock a “buy” rating in a report on Thursday, September 28th. Barclays PLC set a €172.00 ($202.35) price target on shares of Linde AG and gave the stock a “buy” rating in a report on Thursday, September 28th. Jefferies Group LLC set a €206.00 ($242.35) price target on shares of Linde AG and gave the stock a “buy” rating in a report on Monday, September 25th. Finally, Sanford C. Bernstein set a €158.00 ($185.88) price target on shares of Linde AG and gave the stock a “neutral” rating in a report on Tuesday, September 5th.
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Shares of Linde AG (ETR:LIN) traded up 1.103% on Wednesday, reaching €178.261. 2,809 shares of the company were exchanged. The company’s 50-day moving average price is €165.35 and its 200 day moving average price is €165.77. The company has a market cap of €33.09 billion and a price-to-earnings ratio of 29.499. Linde AG has a 12 month low of €141.67 and a 12 month high of €179.50.
About Linde AG
Linde Aktiengesellschaft operates as a gases and engineering company worldwide. The companys Gases division offers a range of compressed and liquefied gases, and chemicals for use in steel and glass production, chemical and food processing, environmental protection, welding, and electronics industries, as well as in the energy sector.
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