Linde Aktiengesellschaft (LNEGY) Cut to Hold at HSBC Holdings plc
Linde Aktiengesellschaft (OTCMKTS:LNEGY) was downgraded by investment analysts at HSBC Holdings plc from a “buy” rating to a “hold” rating in a research note issued on Tuesday.
Several other equities research analysts have also issued reports on the stock. HSBC lowered shares of Linde Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Tuesday. lowered shares of Linde Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Monday. Finally, Zacks Investment Research lowered shares of Linde Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Thursday, September 28th. Five equities research analysts have rated the stock with a hold rating, Linde Aktiengesellschaft presently has a consensus rating of “Hold” and a consensus target price of $22.00.
Shares of Linde Aktiengesellschaft (LNEGY) traded down $0.05 during trading hours on Tuesday, hitting $21.48. 4,351 shares of the company’s stock were exchanged, compared to its average volume of 102,258. Linde Aktiengesellschaft has a 52 week low of $15.63 and a 52 week high of $22.23. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.91 and a quick ratio of 0.77.
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Linde Aktiengesellschaft 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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