Linde AG (OTC:LNEGY) – Jefferies Group reduced their Q3 2017 earnings estimates for Linde AG in a research note issued on Friday. Jefferies Group analyst L. Alexander now expects that the basic materials company will earn $0.22 per share for the quarter, down from their previous forecast of $0.24. Jefferies Group also issued estimates for Linde AG’s Q4 2017 earnings at $0.21 EPS, FY2017 earnings at $0.86 EPS, FY2018 earnings at $0.96 EPS, FY2019 earnings at $1.10 EPS and FY2020 earnings at $1.28 EPS.
Separately, HSBC Holdings plc upgraded shares of Linde AG from a “hold” rating to a “buy” rating in a research report on Thursday, May 4th.
Shares of Linde AG (OTC:LNEGY) opened at 19.19 on Monday. The company has a 50-day moving average of $19.50 and a 200-day moving average of $17.79. The firm has a market cap of $35.62 billion, a P/E ratio of 26.39 and a beta of 0.91. Linde AG has a 12 month low of $14.23 and a 12 month high of $20.16.
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