Linde PLC (ETR:LIN) Receives €183.80 Consensus Target Price from Brokerages

Linde PLC (ETR:LIN) has been assigned an average recommendation of “Hold” from the sixteen brokerages that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is €183.80 ($213.72).

Several equities analysts have commented on LIN shares. Baader Bank reissued a “sell” rating on shares of Linde in a research report on Monday, August 5th. Deutsche Bank reaffirmed a “buy” rating and set a price target (up from ) on shares of Linde in a research report on Tuesday, August 6th. Nord/LB reaffirmed a “neutral” rating on shares of Linde in a research report on Tuesday, August 6th. UBS Group set a €192.00 ($223.26) price target on Linde and gave the stock a “buy” rating in a report on Tuesday, September 3rd. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Linde in a research report on Friday, June 21st.

LIN stock traded down €2.50 ($2.91) during trading on Thursday, reaching €166.25 ($193.31). The stock had a trading volume of 739,252 shares, compared to its average volume of 75,282. The company has a quick ratio of 0.73, a current ratio of 1.02 and a debt-to-equity ratio of 28.21. The company has a market capitalization of $51.47 billion and a price-to-earnings ratio of 17.18. Linde has a one year low of €130.75 ($152.03) and a one year high of €191.80 ($223.02). The company’s 50 day moving average is €171.15 and its two-hundred day moving average is €166.54.

About Linde

Linde plc operates as an industrial gas company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. The company offers oxygen, nitrogen, argon, rare gases, carbon monoxide, carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. It also designs and constructs turnkey process plants, such as olefin, natural gas, air separation, and hydrogen and synthesis gas plants.

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Analyst Recommendations for Linde (ETR:LIN)

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