Linde AG (ETR:LIN) received a €160.00 ($188.24) target price from analysts at Sanford C. Bernstein in a research report issued to clients and investors on Tuesday. The brokerage currently has a “neutral” rating on the basic materials company’s stock.
A number of other analysts have also recently issued reports on LIN. Jefferies Group LLC set a €206.00 ($242.35) price objective on Linde AG and gave the company a “buy” rating in a research report on Wednesday, October 11th. DZ Bank AG reissued a “neutral” rating on shares of Linde AG in a research report on Tuesday, August 15th. Deutsche Bank AG set a €210.00 ($247.06) price objective on Linde AG and gave the company a “buy” rating in a research report on Monday, October 2nd. Independent Research GmbH set a €178.00 ($209.41) price objective on Linde AG and gave the company a “neutral” rating in a research report on Wednesday, October 11th. Finally, Baader Bank set a €205.00 ($241.18) price objective on Linde AG and gave the company a “buy” rating in a research report on Thursday, September 21st. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of €174.67 ($205.49).
Shares of Linde AG (ETR LIN) opened at 174.793 on Tuesday. Linde AG has a 52 week low of €143.10 and a 52 week high of €179.50. The firm has a market capitalization of €32.45 billion and a price-to-earnings ratio of 28.925. The firm’s 50-day moving average price is €167.36 and its 200 day moving average price is €166.91.
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About Linde AG
Linde Aktiengesellschaft operates as a gases and engineering company worldwide. The companys 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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