Sanford C. Bernstein Reiterates “€160.00” Price Target for Linde AG (LIN)

Sanford C. Bernstein set a €160.00 ($188.24) target price on Linde AG (ETR:LIN) in a report released on Friday. The firm currently has a neutral rating on the basic materials company’s stock.

Several other research firms have also recently commented on LIN. Baader Bank set a €205.00 ($241.18) target price on Linde AG and gave the company a buy rating in a research note on Friday, July 28th. Barclays PLC set a €172.00 ($202.35) target price on Linde AG and gave the company a buy rating in a research note on Monday, July 31st. Deutsche Bank AG set a €210.00 ($247.06) target price on Linde AG and gave the company a buy rating in a research note on Monday, September 25th. Independent Research GmbH set a €175.00 ($205.88) target price on Linde AG and gave the company a neutral rating in a research note on Friday, July 28th. Finally, Jefferies Group LLC set a €206.00 ($242.35) target price on Linde AG and gave the company a buy rating in a research note on Monday, September 25th. Four analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the stock. Linde AG has a consensus rating of Hold and a consensus target price of €176.75 ($207.94).

Linde AG (LIN) opened at 187.35 on Friday. The firm has a market cap of €34.78 billion and a P/E ratio of 31.00. Linde AG has a 12-month low of €143.10 and a 12-month high of €190.00. The company has a 50-day moving average price of €171.99 and a 200-day moving average price of €168.18.

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Linde AG 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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