Linde AG (ETR:LIN) has been assigned a €175.00 ($203.49) price target by equities researchers at equinet AG in a research note issued to investors on Friday, October 27th. The brokerage currently has a “neutral” rating on the basic materials company’s stock. equinet AG’s target price indicates a potential downside of 6.74% from the company’s previous close.
A number of other research analysts have also issued reports on the stock. Deutsche Bank AG set a €210.00 ($244.19) target price on shares of Linde AG and gave the company a “buy” rating in a research report on Thursday, June 29th. Baader Bank set a €200.00 ($232.56) price objective on shares of Linde AG and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Sanford C. Bernstein set a €160.00 ($186.05) price objective on shares of Linde AG and gave the stock a “neutral” rating in a research report on Friday, October 27th. Societe Generale set a €200.00 ($232.56) price objective on shares of Linde AG and gave the stock a “buy” rating in a research report on Friday, July 7th. Finally, BNP Paribas set a €175.00 ($203.49) price objective on shares of Linde AG and gave the stock a “neutral” rating in a research report on Friday, October 6th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of €177.48 ($206.37).
Shares of Linde AG (ETR:LIN) traded down €2.85 ($3.31) during midday trading on Friday, reaching €187.65 ($218.20). 249,996 shares of the company were exchanged, compared to its average volume of 614,128. Linde AG has a 1-year low of €145.40 ($169.07) and a 1-year high of €192.08 ($223.35).
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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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