Linde AG (LIN) Given a €140.00 Price Target by BNP Paribas Analysts
Linde AG (ETR:LIN) received a €140.00 ($155.56) price objective from research analysts at BNP Paribas in a research note issued on Wednesday. The brokerage currently has a a “neutral” rating on the stock.
A number of other research firms have also weighed in on LIN. Kepler Capital Markets set a €148.00 ($164.44) price objective on Linde AG and gave the stock a “buy” rating in a research report on Friday, July 15th. Bank of America Corp. set a €160.00 ($177.78) price objective on Linde AG and gave the stock a “buy” rating in a research report on Thursday, July 14th. DZ Bank AG reaffirmed a “neutral” rating on shares of Linde AG in a research report on Thursday, July 14th. Sanford C. Bernstein set a €107.00 ($118.89) price objective on Linde AG and gave the stock a “sell” rating in a research report on Wednesday, July 13th. Finally, Commerzbank AG set a €150.00 ($166.67) price objective on Linde AG and gave the stock a “buy” rating in a research report on Friday, July 8th. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company. Linde AG presently has an average rating of “Hold” and an average target price of €144.98 ($161.09).
Linde AG (ETR:LIN) opened at 152.794 on Wednesday. The firm’s 50 day moving average price is €149.20 and its 200-day moving average price is €134.13. The stock has a market cap of €28.36 billion and a price-to-earnings ratio of 23.616. Linde AG has a 1-year low of €113.97 and a 1-year high of €169.48.
About Linde AG
Linde AG is a Germany-based company engaged in the gas and engineering sectors. It operates three divisions: Gases; Engineering (core divisions), as well as Gist. The Gases Division includes Healthcare, producing medical gases; and Tonnage, as its two global business units; as well as the two business areas Merchant and Packaged Gases, offering liquefied and cylinder gases, and Electronics.
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