Independent Research Reiterates €193.00 Price Target for Linde (LIN)
Independent Research set a €193.00 ($238.27) target price on Linde (ETR:LIN) in a research note issued to investors on Tuesday morning. The brokerage currently has a neutral rating on the basic materials company’s stock.
Several other equities analysts have also weighed in on the stock. Sanford C. Bernstein set a €160.00 ($197.53) target price on shares of Linde and gave the company a neutral rating in a report on Friday, October 27th. Baader Bank set a €200.00 ($246.91) price target on shares of Linde and gave the company a buy rating in a research note on Wednesday, October 25th. UBS Group set a €230.00 ($283.95) price target on shares of Linde and gave the company a buy rating in a research note on Thursday, December 7th. Deutsche Bank set a €210.00 ($259.26) price target on shares of Linde and gave the company a buy rating in a research note on Monday, October 30th. Finally, JPMorgan Chase & Co. set a €160.00 ($197.53) price target on shares of Linde and gave the company a neutral rating in a research note on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of €197.82 ($244.22).
Linde (ETR:LIN) opened at €174.85 ($215.86) on Tuesday. The firm has a market cap of $32,480.00 and a P/E ratio of 29.04. Linde has a 1-year low of €149.90 ($185.06) and a 1-year high of €199.40 ($246.17).
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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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