Linde AG (LIN) Given a €175.00 Price Target by BNP Paribas Analysts
Linde AG (ETR:LIN) received a €175.00 ($203.49) target price from analysts at BNP Paribas in a research report issued to clients and investors on Monday. The firm presently has a “neutral” rating on the basic materials company’s stock.
Several other research firms have also recently commented on LIN. Sanford C. Bernstein set a €165.00 ($191.86) target price on shares of Linde AG and gave the company a “neutral” rating in a research note on Monday, June 12th. Deutsche Bank AG set a €210.00 ($244.19) price target on shares of Linde AG and gave the company a “buy” rating in a report on Friday, June 16th. Barclays PLC set a €176.00 ($204.65) price target on shares of Linde AG and gave the company a “buy” rating in a report on Monday, June 26th. Independent Research GmbH set a €171.00 ($198.84) price target on shares of Linde AG and gave the company a “neutral” rating in a report on Monday, April 3rd. Finally, Warburg Research set a €163.50 ($190.12) target price on shares of Linde AG and gave the stock a “buy” rating in a report on Friday, April 28th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of €174.27 ($202.64).
Shares of Linde AG (LIN) opened at 169.887 on Monday. Linde AG has a one year low of €125.35 and a one year high of €179.50. The stock has a 50 day moving average of €172.16 and a 200-day moving average of €161.37. The stock has a market capitalization of €31.54 billion and a PE ratio of 27.165.
About Linde AG
Linde AG is a Germany-based company engaged in the industrial gases manufacture. The Company operates through three segments: Gases, Engineering and Other. The Gases segment offers a wide range of compressed and liquefied gases, as well as chemicals to various industries, including energy, steel production, chemical processing, environmental protection and welding, as well as in food processing, glass production and electronics.
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