HSBC Reiterates €158.00 Price Target for Linde AG (LIN)
Linde AG (ETR:LIN) received a €158.00 ($166.32) price target from HSBC in a research note issued to investors on Tuesday. The firm presently has a “neutral” rating on the stock.
A number of other analysts have also recently commented on LIN. DZ Bank AG reissued a “sell” rating on shares of Linde AG in a research report on Monday, August 22nd. Deutsche Bank AG set a €180.00 ($189.47) price target on Linde AG and gave the stock a “buy” rating in a research report on Tuesday, August 23rd. Baader Bank set a €172.00 ($181.05) price target on Linde AG and gave the stock a “buy” rating in a research report on Tuesday, September 27th. Sanford C. Bernstein set a €112.00 ($117.89) price target on Linde AG and gave the stock a “sell” rating in a research report on Wednesday, September 28th. Finally, Commerzbank AG set a €150.00 ($157.89) price target on Linde AG and gave the stock a “neutral” rating in a research report on Wednesday, October 19th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the company. Linde AG currently has a consensus rating of “Hold” and a consensus price target of €151.00 ($158.95).
Shares of Linde AG (ETR:LIN) opened at 149.149 on Tuesday. The firm has a 50-day moving average price of €149.53 and a 200-day moving average price of €139.79. Linde AG has a 52-week low of €113.97 and a 52-week high of €157.76. The stock has a market capitalization of €27.69 billion and a P/E ratio of 22.496.
About Linde AG
Linde AG is a Germany-based gas and engineering company that 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.
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