Brokerages Set Linde AG (LIN) PT at $156.61
Shares of Linde AG (ETR:LIN) have received an average recommendation of “Hold” from the twenty-five brokerages that are covering the stock. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is €158.78 ($167.14).
Several analysts recently weighed in on the company. Baader Bank set a €180.00 ($189.47) target price on Linde AG and gave the company a “buy” rating in a research note on Thursday, December 8th. equinet AG set a €160.00 ($168.42) target price on Linde AG and gave the company a “neutral” rating in a research note on Thursday, December 8th. Independent Research GmbH set a €171.00 ($180.00) target price on Linde AG and gave the company a “neutral” rating in a research note on Thursday, December 8th. Commerzbank AG set a €150.00 ($157.89) target price on Linde AG and gave the company a “neutral” rating in a research note on Thursday, December 8th. Finally, Sanford C. Bernstein set a €118.00 ($124.21) price target on Linde AG and gave the company a “sell” rating in a report on Monday, December 26th.
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Linde AG (ETR:LIN) opened at 155.785 on Wednesday. The firm’s 50-day moving average price is €156.77 and its 200-day moving average price is €145.36. The firm has a market cap of €28.92 billion and a price-to-earnings ratio of 23.497. Linde AG has a 12 month low of €113.97 and a 12 month high of €164.99.
About Linde AG
Linde AG is a Germany-based gas and engineering company that operates through three segments: Gases, Engineering and Other. The Gases segment offers a wide range of compressed and liquefied -gases, as well as chemicals to various industries, including energy, steel production, chemical processing, environmental protection and welding, as well as in food processing, glass production and electronics.
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