DZ Bank AG Reaffirms “Neutral” Rating for Linde AG (ETR:LIN)
Linde AG (ETR:LIN)‘s stock had its “neutral” rating reaffirmed by equities researchers at DZ Bank AG in a note issued to investors on Tuesday.
Other analysts also recently issued research reports about the stock. UBS AG set a €160.00 ($188.24) price objective on shares of Linde AG and gave the company a “neutral” rating in a report on Friday, April 28th. Barclays PLC set a €174.00 ($204.71) price objective on shares of Linde AG and gave the company a “buy” rating in a report on Saturday, May 20th. Societe Generale set a €200.00 ($235.29) price objective on shares of Linde AG and gave the company a “buy” rating in a report on Saturday, May 20th. Independent Research GmbH set a €175.00 ($205.88) price objective on shares of Linde AG and gave the company a “neutral” rating in a report on Friday, June 2nd. Finally, Jefferies Group LLC set a €206.00 ($242.35) price target on shares of Linde AG and gave the stock a “buy” rating in a report on Monday, July 31st. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of €174.38 ($205.15).
Shares of Linde AG (LIN) opened at 163.043 on Tuesday. The stock’s 50 day moving average is €166.50 and its 200 day moving average is €162.28. The firm has a market cap of €30.27 billion and a price-to-earnings ratio of 26.980. Linde AG has a 12-month low of €136.00 and a 12-month high of €179.50.
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Linde AG Company Profile
Linde Aktiengesellschaft operates as a gases and engineering company worldwide. The companys 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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