Linde (ETR:LIN) received a €170.00 ($209.88) target price from stock analysts at Cfra in a report issued on Monday. The firm presently has a “sell” rating on the basic materials company’s stock. Cfra’s target price would suggest a potential downside of 8.55% from the company’s current price.
A number of other research firms have also recently commented on LIN. Deutsche Bank set a €227.00 ($280.25) target price on shares of Linde and gave the stock a “buy” rating in a research report on Thursday, January 11th. Bank of America set a €240.00 ($296.30) target price on shares of Linde and gave the stock a “buy” rating in a research report on Thursday, January 11th. Sanford C. Bernstein set a €171.00 ($211.11) price target on shares of Linde and gave the company a “neutral” rating in a report on Monday, January 8th. JPMorgan Chase & Co. set a €212.00 ($261.73) price target on shares of Linde and gave the company a “neutral” rating in a report on Monday, January 8th. Finally, UBS Group set a €230.00 ($283.95) price target on shares of Linde and gave the company a “buy” rating in a report on Monday, January 29th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of €198.18 ($244.67).
Linde (ETR:LIN) traded up €6.65 ($8.21) during midday trading on Monday, hitting €185.90 ($229.51). 138,707 shares of the stock were exchanged, compared to its average volume of 75,086. Linde has a twelve month low of €150.10 ($185.31) and a twelve month high of €199.40 ($246.17). The firm has a market capitalization of $34,530.00 and a PE ratio of 24.59.
Linde Company Profile
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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