Linde (LIN) Given a €242.00 Price Target at Societe Generale

Linde (ETR:LIN) has been given a €242.00 ($298.77) price objective by Societe Generale in a note issued to investors on Tuesday, January 23rd. The brokerage currently has a “buy” rating on the basic materials company’s stock. Societe Generale’s price objective would suggest a potential upside of 37.50% from the company’s current price.

LIN has been the topic of several other reports. Deutsche Bank set a €210.00 ($259.26) target price on Linde and gave the stock a “buy” rating in a report on Monday, September 25th. Jefferies Group set a €206.00 ($254.32) target price on Linde and gave the stock a “buy” rating in a report on Monday, September 25th. Barclays set a €172.00 ($212.35) target price on Linde and gave the stock a “buy” rating in a report on Thursday, September 28th. Baader Bank set a €200.00 ($246.91) price target on Linde and gave the company a “buy” rating in a report on Thursday, September 28th. Finally, Sanford C. Bernstein set a €158.00 ($195.06) price target on Linde and gave the company a “neutral” rating in a report on Friday, October 6th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of €197.82 ($244.22).

Linde (LIN) traded up €2.05 ($2.53) during trading hours on Tuesday, hitting €176.00 ($217.28). The stock had a trading volume of 44,931 shares, compared to its average volume of 80,960. Linde has a 1-year low of €147.95 ($182.65) and a 1-year high of €199.40 ($246.17). The company has a market cap of $32,310.00 and a price-to-earnings ratio of 29.24.

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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.

Analyst Recommendations for Linde (ETR:LIN)

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