LINDE AG SPON ADR EA REPR 0.10 (LNEGY) Upgraded to “Hold” by Zacks Investment Research

Zacks Investment Research upgraded shares of LINDE AG SPON ADR EA REPR 0.10 (NASDAQ:LNEGY) from a strong sell rating to a hold rating in a research report report published on Wednesday.

According to Zacks, “The Linde Group is an engineering company which supplies industrial, process and specialty gases worldwide. The Company’s core operating segments consist of the gases and engineering division. The main gases produced by the Company are acetylene, carbon dioxide, nitrogen, hydrogen, shielding gases for welding applications, noble gases, calibration gas mixtures, high-purity gases and gas mixtures. It also supplies welding and safety products. Lindes’s pharmaceutical and medical gas products and services find their use in clinical care, emergency care, and ventilation therapy and hospital infrastructure. The engineering division focuses on plant engineering for the production of hydrogen and synthesis gas, oxygen and olefins as well as plants for natural gas treatment. The Company’s non core division the gist division operates in a wide range of commercial and industrial sectors including grocery, retail, electronics and gas. . The Linde Group is headquartered in Munich, Germany. “

Separately, Citigroup Inc. upgraded LINDE AG SPON ADR EA REPR 0.10 from a sell rating to a neutral rating in a research note on Monday, September 5th.

Shares of LINDE AG SPON ADR EA REPR 0.10 (NASDAQ:LNEGY) traded down 0.672% during midday trading on Wednesday, reaching $16.995. 1,837 shares of the company were exchanged. LINDE AG SPON ADR EA REPR 0.10 has a 12-month low of $12.94 and a 12-month high of $17.87. The company has a 50 day moving average price of $16.76 and a 200-day moving average price of $15.07. The stock has a market capitalization of $31.55 billion and a P/E ratio of 23.416.

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