Shares of Linde AG (ETR:LIN) have earned an average rating of “Hold” from the twenty research firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is €197.50 ($243.83).
LIN has been the topic of a number of recent analyst reports. Jefferies Group set a €244.00 ($301.23) price target on shares of Linde and gave the stock a “buy” rating in a research note on Monday, December 11th. JPMorgan Chase & Co. set a €160.00 ($197.53) price target on shares of Linde and gave the stock a “neutral” rating in a research note on Friday, October 27th. Warburg Research set a €191.00 ($235.80) price target on shares of Linde and gave the stock a “neutral” rating in a research note on Wednesday, January 31st. UBS Group set a €230.00 ($283.95) price target on shares of Linde and gave the stock a “buy” rating in a research note on Thursday, December 7th. Finally, Deutsche Bank set a €227.00 ($280.25) price target on shares of Linde and gave the stock a “buy” rating in a research note on Thursday, January 4th.
Linde (ETR LIN) opened at €173.15 ($213.77) on Wednesday. Linde has a 12 month low of €145.60 ($179.75) and a 12 month high of €198.50 ($245.06). The firm has a market cap of $32,160.00 and a price-to-earnings ratio of 28.76.
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Linde Aktiengesellschaft operates as a gases and engineering company worldwide. The company's 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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