Linde (ETR:LIN) Stock Rating Reaffirmed by Deutsche Bank
Linde (ETR:LIN)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank in a note issued to investors on Friday, Borsen Zeitung reports.
Other equities research analysts have also issued research reports about the stock. Sanford C. Bernstein set a €149.85 ($174.24) price target on shares of Linde and gave the company a “sell” rating in a research report on Thursday. DZ Bank reaffirmed a “neutral” rating on shares of Linde in a research report on Tuesday, January 21st. Independent Research set a €211.00 ($245.35) price target on shares of Linde and gave the company a “neutral” rating in a research report on Friday. Jefferies Financial Group reaffirmed a “buy” rating on shares of Linde in a research report on Thursday. Finally, Baader Bank set a €180.00 ($209.30) price target on shares of Linde and gave the company a “sell” rating in a research report on Thursday. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of €192.90 ($224.30).
LIN opened at €204.00 ($237.21) on Friday. The company has a debt-to-equity ratio of 27.59, a quick ratio of 0.62 and a current ratio of 0.90. The stock has a market capitalization of $110.34 billion and a P/E ratio of 22.56. The company’s 50-day simple moving average is €190.63 and its two-hundred day simple moving average is €180.74. Linde has a 52-week low of €145.50 ($169.19) and a 52-week high of €200.60 ($233.26).
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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