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Sanford C. Bernstein Analysts Give Linde AG (ETR:LIN) a €165.00 Price Target

Sanford C. Bernstein set a €165.00 ($191.86) price objective on Linde AG (ETR:LIN) in a research report released on Friday morning. The brokerage currently has a neutral rating on the basic materials company’s stock.

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Other analysts have also recently issued research reports about the company. Kepler Capital Markets set a €178.00 ($206.98) target price on Linde AG and gave the stock a buy rating in a report on Monday, April 3rd. equinet AG set a €174.00 ($202.33) price target on Linde AG and gave the stock a buy rating in a report on Thursday, March 30th. Baader Bank set a €190.00 ($220.93) price target on Linde AG and gave the stock a buy rating in a report on Thursday, March 30th. Barclays PLC set a €171.00 ($198.84) price target on Linde AG and gave the stock a buy rating in a report on Friday, April 28th. Finally, Warburg Research set a €163.50 ($190.12) price target on Linde AG and gave the stock a buy rating in a report on Friday, April 28th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have given a buy rating to the company’s stock. Linde AG currently has a consensus rating of Hold and a consensus price target of €174.79 ($203.25).

Linde AG (ETR:LIN) traded down 2.415% on Friday, hitting €161.551. 7,135 shares of the stock traded hands. The firm’s 50-day moving average price is €171.12 and its 200-day moving average price is €161.62. Linde AG has a 12-month low of €126.05 and a 12-month high of €179.50. The stock has a market cap of €29.99 billion and a price-to-earnings ratio of 25.832.

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About Linde AG

Linde AG is a Germany-based company engaged in the industrial gases manufacture. The Company operates through three segments: Gases, Engineering and Other. The Gases segment offers a wide range of compressed and liquefied gases, as well as chemicals to various industries, including energy, steel production, chemical processing, environmental protection and welding, as well as in food processing, glass production and electronics.