Linde (ETR:LIN) Earns “Buy” Rating from UBS Group
UBS Group restated their buy rating on shares of Linde (ETR:LIN) in a report issued on Thursday morning, Borsen Zeitung reports.
Several other research analysts have also commented on LIN. Kepler Capital Markets set a €11.00 ($12.79) price target on E.On and gave the stock a buy rating in a report on Monday, May 13th. Baader Bank restated a sell rating on shares of Linde in a report on Friday, May 10th. Deutsche Bank reduced their price objective on shares of Broadcom from $330.00 to $315.00 and set a buy rating on the stock in a report on Friday, June 14th. Sanford C. Bernstein set a €108.00 ($125.58) price objective on shares of Merck KGaA and gave the company a neutral rating in a report on Tuesday, May 14th. Finally, DZ Bank upgraded shares of Linde to a buy rating in a report on Friday, May 17th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. Linde presently has an average rating of Hold and an average target price of €199.53 ($232.02).
ETR LIN opened at €180.45 ($209.83) on Thursday. Linde has a 52 week low of €130.75 ($152.03) and a 52 week high of €191.80 ($223.02). The company has a debt-to-equity ratio of 26.85, a quick ratio of 0.95 and a current ratio of 1.35. The business’s fifty day moving average is €175.16. The stock has a market cap of $51.47 billion and a price-to-earnings ratio of 16.23.
Linde plc operates as an industrial gas company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. The company offers oxygen, nitrogen, argon, rare gases, carbon monoxide, carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. It also designs and constructs turnkey process plants, such as olefin, natural gas, air separation, and hydrogen and synthesis gas plants.
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