Linde (ETR:LIN) has been assigned a €242.00 ($288.10) target price by equities research analysts at Societe Generale in a research report issued on Tuesday. The firm presently has a “buy” rating on the basic materials company’s stock. Societe Generale’s price objective suggests a potential upside of 28.96% from the stock’s previous close.
LIN has been the topic of a number of other reports. Kepler Capital Markets set a €202.00 ($240.48) price target on shares of Linde and gave the stock a “buy” rating in a research note on Tuesday, October 24th. Nord/LB set a €156.00 ($185.71) price target on shares of Linde and gave the stock a “sell” rating in a research note on Monday, October 30th. Bank of America set a €240.00 ($285.71) price target on shares of Linde and gave the stock a “buy” rating in a research note on Thursday, January 11th. Sanford C. Bernstein set a €171.00 ($203.57) price target on shares of Linde and gave the stock a “neutral” rating in a research note on Monday, January 8th. Finally, Jefferies Group set a €206.00 ($245.24) price target on shares of Linde and gave the stock a “buy” rating in a research note on Wednesday, October 11th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the stock. Linde presently has an average rating of “Hold” and an average target price of €194.47 ($231.52).
Linde (LIN) opened at €187.65 ($223.39) on Tuesday. Linde has a 12 month low of €145.60 ($173.33) and a 12 month high of €198.50 ($236.31). The firm has a market cap of $34,660.00 and a price-to-earnings ratio of 31.17.
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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