Linde AG (ETR:LIN) has been given a €178.00 ($209.41) price objective by stock analysts at Independent Research GmbH in a report released on Wednesday. The brokerage currently has a “neutral” rating on the basic materials company’s stock.
LIN has been the subject of a number of other reports. Jefferies Group LLC set a €206.00 ($242.35) price objective on Linde AG and gave the stock a “buy” rating in a report on Monday, September 25th. Deutsche Bank AG set a €210.00 ($247.06) price objective on Linde AG and gave the stock a “buy” rating in a report on Friday, June 16th. Baader Bank set a €200.00 ($235.29) price objective on Linde AG and gave the stock a “buy” rating in a report on Thursday, September 28th. Barclays PLC set a €176.00 ($207.06) price objective on Linde AG and gave the stock a “buy” rating in a report on Monday, June 26th. Finally, Sanford C. Bernstein set a €165.00 ($194.12) price objective on Linde AG and gave the stock a “neutral” rating in a report on Friday, July 7th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company’s stock. Linde AG presently has an average rating of “Hold” and an average target price of €174.58 ($205.39).
Shares of Linde AG (LIN) opened at 175.187 on Wednesday. Linde AG has a one year low of €143.10 and a one year high of €179.50. The stock’s 50 day moving average price is €166.82 and its 200 day moving average price is €166.56. The firm has a market capitalization of €32.52 billion and a price-to-earnings ratio of 28.990.
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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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