Sanford C. Bernstein Reiterates “€149.85” Price Target for Linde (ETR:LIN)

Sanford C. Bernstein set a €149.85 ($174.24) price objective on Linde (ETR:LIN) in a research report report published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the basic materials company’s stock.

Several other equities research analysts have also recently commented on the company. Jefferies Financial Group reaffirmed a buy rating on shares of Linde in a report on Thursday. DZ Bank reaffirmed a neutral rating on shares of Linde in a report on Tuesday, January 21st. Nord/LB set a €171.00 ($198.84) price target on Linde and gave the company a neutral rating in a report on Tuesday, January 21st. UBS Group set a €215.00 ($250.00) price target on Linde and gave the company a buy rating in a report on Tuesday, December 17th. Finally, Independent Research set a €189.00 ($219.77) price target on Linde and gave the company a neutral rating in a report on Wednesday, November 13th. Three equities 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 stock. The company has an average rating of Hold and a consensus price target of €192.90 ($224.30).

Shares of Linde stock traded down €0.30 ($0.35) during mid-day trading on Thursday, reaching €205.10 ($238.49). 627,263 shares of the stock traded hands, compared to its average volume of 75,282. Linde has a fifty-two week low of €145.50 ($169.19) and a fifty-two week high of €200.60 ($233.26). The company has a quick ratio of 0.62, a current ratio of 0.90 and a debt-to-equity ratio of 27.59. The stock has a market capitalization of $110.17 billion and a PE ratio of 22.68. The business has a 50-day moving average of €190.63 and a 200 day moving average of €180.74.

Linde Company Profile

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.

Featured Article: Inverted Yield Curve

Analyst Recommendations for Linde (ETR:LIN)

Receive News & Ratings for Linde Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linde and related companies with MarketBeat.com's FREE daily email newsletter.