Royal Bank Of Canada Issues Positive Forecast for Linde (NASDAQ:LIN) Stock Price

Linde (NASDAQ:LIN) had its target price hoisted by analysts at Royal Bank Of Canada from $549.00 to $568.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has an “outperform” rating on the basic materials company’s stock. Royal Bank Of Canada‘s price objective suggests a potential upside of 10.18% from the company’s current price.

LIN has been the subject of a number of other reports. BMO Capital Markets reaffirmed an “outperform” rating on shares of Linde in a research report on Thursday, October 8th. The Goldman Sachs Group set a $580.00 price objective on Linde and gave the company a “buy” rating in a research note on Monday, August 10th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Linde in a report on Monday, October 5th. Barclays upped their price target on Linde from $577.00 to $591.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Bank of America raised their target price on Linde from $532.00 to $550.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $549.19.

Linde Stock Performance

Shares of LIN traded up $12.39 during mid-day trading on Friday, hitting $515.54. The company’s stock had a trading volume of 985,893 shares, compared to its average volume of 2,301,867. The stock’s 50-day moving average is $482.87 and its two-hundred day moving average is $492.00. Linde has a one year low of $387.78 and a one year high of $548.20. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The firm has a market capitalization of $237.65 billion, a PE ratio of 33.35, a price-to-earnings-growth ratio of 2.96 and a beta of 0.71.

Linde (NASDAQ:LIN) last announced its earnings results on Thursday, October 29th. The basic materials company reported $4.59 earnings per share for the quarter, beating analysts’ consensus estimates of $4.52 by $0.07. The company had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.16 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period last year, the company posted $4.21 earnings per share. As a group, sell-side analysts anticipate that Linde will post 17.86 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Integrity Alliance LLC. purchased a new stake in Linde in the third quarter worth about $306,000. Oregon Public Employees Retirement Fund acquired a new stake in Linde during the third quarter valued at $26,918,000. First Nebraska Trust Co purchased a new stake in shares of Linde during the third quarter worth approximately $288,000. Gerber Kawasaki Wealth & Investment Management acquired a new stake in shares of Linde in the 3rd quarter worth $261,000. Finally, GRIMES & Co WEALTH MANAGEMENT LLC purchased a new stake in Linde in the 3rd quarter valued at about $597,000. Institutional investors own 82.80% of the company’s stock.

Key Headlines Impacting Linde

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Linde reported third-quarter adjusted EPS of $4.59, above the $4.52 analyst consensus and up 9% year over year. Revenue rose 9.3% to $9.4 billion, exceeding estimates of $9.16 billion. Higher pricing, volume growth in the Americas and strong electronics demand helped drive the beat. Linde Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its 2026 earnings outlook, while highlighting a $7.9 billion project backlog, restructuring benefits and continued demand for chip-making gases tied to artificial intelligence and semiconductor investment. These factors support longer-term growth despite uneven industrial markets. LIN Q3 Earnings Call Highlights Restructuring and Growth Outlook
• Positive Sentiment: Barclays raised its Linde price target from $577 to $591 and assigned an “overweight” rating, implying roughly 15% upside from the referenced share price. The upgrade reinforces the bullish reaction to Linde’s earnings momentum and outlook. Barclays Stock Recommendations
• Neutral Sentiment: Linde guided to fourth-quarter adjusted EPS of $4.40–$4.50. While consistent with continued profitability, the outlook is below third-quarter EPS and reflects potential near-term pressure from industrial demand and margins. Linde Q4 EPS Guidance and Restructuring Charge
• Negative Sentiment: Reported GAAP net income declined 12% and diluted EPS fell 11%, primarily because of purchase-accounting effects, restructuring and other charges. Linde also expects a $425 million restructuring charge, which could weigh on near-term results even though adjusted earnings improved.

About Linde

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.