Linde AG (LIN) PT Set at €178.00 by Independent Research GmbH
Linde AG (ETR:LIN) has been given a €178.00 ($209.41) target price by investment analysts at Independent Research GmbH in a research report issued to clients and investors on Wednesday. The brokerage presently has a “neutral” rating on the basic materials company’s stock.
A number of other research firms have also recently weighed in on LIN. Sanford C. Bernstein set a €165.00 ($194.12) price target on Linde AG and gave the company a “neutral” rating in a report on Friday, July 28th. BNP Paribas set a €175.00 ($205.88) price target on Linde AG and gave the company a “neutral” rating in a report on Monday, July 24th. Barclays PLC set a €175.00 ($205.88) price target on Linde AG and gave the company a “buy” rating in a report on Tuesday, July 18th. Deutsche Bank AG set a €210.00 ($247.06) price target on Linde AG and gave the company a “buy” rating in a report on Tuesday, July 11th. Finally, Baader Bank set a €205.00 ($241.18) price objective on Linde AG and gave the company a “buy” rating in a research report on Monday, July 10th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of €174.58 ($205.39).
Linde AG (ETR LIN) opened at 175.437 on Wednesday. The firm has a market cap of €32.57 billion and a price-to-earnings ratio of 29.031. The firm’s 50-day moving average price is €166.32 and its 200-day moving average price is €166.36. Linde AG has a 12 month low of €143.10 and a 12 month high of €179.50.
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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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