Linde AG (LIN) Earns “Buy” Rating from DZ Bank AG
Linde AG (ETR:LIN)‘s stock had its “buy” rating reiterated by DZ Bank AG in a research note issued to investors on Wednesday.
Other equities analysts have also recently issued reports about the stock. BNP Paribas set a €155.00 ($163.16) price target on shares of Linde AG and gave the company a “neutral” rating in a research report on Tuesday, November 15th. Citigroup Inc. set a €120.00 ($126.32) price target on shares of Linde AG and gave the company a “sell” rating in a research report on Wednesday. Deutsche Bank AG set a €180.00 ($189.47) price target on shares of Linde AG and gave the company a “buy” rating in a research report on Wednesday. Sanford C. Bernstein set a €118.00 ($124.21) price objective on shares of Linde AG and gave the company a “sell” rating in a research note on Wednesday. Finally, Commerzbank AG set a €150.00 ($157.89) price objective on shares of Linde AG and gave the company a “neutral” rating in a research note on Wednesday. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of €153.92 ($162.02).
Shares of Linde AG (ETR:LIN) traded up 0.888% during midday trading on Wednesday, hitting €156.881. 17,623 shares of the company were exchanged. The firm’s 50 day moving average price is €149.53 and its 200 day moving average price is €139.79. The firm has a market capitalization of €29.12 billion and a price-to-earnings ratio of 23.662. Linde AG has a one year low of €113.97 and a one year high of €162.45.
Linde AG Company Profile
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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