Linde AG (ETR:LIN) received a €160.00 ($177.78) target price from analysts at Credit Suisse Group AG in a research report issued on Thursday. The firm currently has a a “buy” rating on the stock.
A number of other equities analysts have also recently weighed in on LIN. Baader Bank set a €172.00 ($191.11) price objective on shares of Linde AG and gave the stock a “buy” rating in a research report on Friday, June 24th. Kepler Capital Markets set a €148.00 ($164.44) target price on shares of Linde AG and gave the company a “buy” rating in a research report on Thursday, June 30th. Deutsche Bank AG set a €150.00 ($166.67) target price on shares of Linde AG and gave the company a “buy” rating in a research report on Monday, July 4th. Barclays PLC set a €150.00 ($166.67) target price on shares of Linde AG and gave the company a “buy” rating in a research report on Tuesday, July 5th. Finally, Independent Research GmbH set a €135.00 ($150.00) target price on shares of Linde AG and gave the company a “neutral” rating in a research report on Friday, July 8th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of €146.38 ($162.64).
Shares of Linde AG (ETR:LIN) opened at 148.051 on Thursday. Linde AG has a one year low of €113.97 and a one year high of €169.48. The company’s 50-day moving average is €148.89 and its 200-day moving average is €135.18. The company has a market cap of €27.48 billion and a price-to-earnings ratio of 22.883.
About Linde AG
Linde AG is a Germany-based company engaged in the gas and engineering sectors. It operates three divisions: Gases; Engineering (core divisions), as well as Gist. The Gases Division includes Healthcare, producing medical gases; and Tonnage, as its two global business units; as well as the two business areas Merchant and Packaged Gases, offering liquefied and cylinder gases, and Electronics.
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