Deutsche Bank set a €227.00 ($280.25) target price on Linde (ETR:LIN) in a research report released on Thursday, January 11th. The firm currently has a buy rating on the basic materials company’s stock.
Several other equities analysts have also issued reports on the company. Sanford C. Bernstein set a €160.00 ($197.53) price target on Linde and gave the stock a neutral rating in a research report on Friday, October 27th. Baader Bank set a €200.00 ($246.91) price target on Linde and gave the stock a buy rating in a research report on Wednesday, October 25th. UBS Group set a €230.00 ($283.95) price objective on Linde and gave the stock a buy rating in a report on Thursday, December 7th. Nord/LB set a €156.00 ($192.59) price objective on Linde and gave the stock a sell rating in a report on Monday, October 23rd. Finally, equinet set a €175.00 ($216.05) price objective on Linde and gave the stock a neutral rating in a report on Friday, October 20th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of €195.26 ($241.07).
Shares of Linde (ETR:LIN) traded down €5.80 ($7.16) during trading on Thursday, hitting €175.20 ($216.30). The stock had a trading volume of 162,971 shares, compared to its average volume of 68,401. Linde has a 12-month low of €145.60 ($179.75) and a 12-month high of €198.50 ($245.06). The company has a market cap of $32,540.00 and a price-to-earnings ratio of 29.10.
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Linde Company Profile
Linde Aktiengesellschaft operates as a gases and engineering company worldwide. The company's 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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