Linde AG (LIN) Given a €118.00 Price Target at Sanford C. Bernstein
Linde AG (ETR:LIN) has been assigned a €118.00 ($124.21) price objective by investment analysts at Sanford C. Bernstein in a research note issued on Wednesday. The brokerage presently has a “sell” rating on the stock.
Several other analysts have also recently issued reports on the company. DZ Bank AG restated a “sell” rating on shares of Linde AG in a report on Monday, August 22nd. Deutsche Bank AG set a €180.00 ($189.47) target price on Linde AG and gave the company a “buy” rating in a report on Tuesday, August 23rd. Baader Bank set a €172.00 ($181.05) target price on Linde AG and gave the company a “buy” rating in a report on Tuesday, September 27th. Commerzbank AG set a €150.00 ($157.89) target price on Linde AG and gave the company a “neutral” rating in a report on Wednesday, October 19th. Finally, BNP Paribas set a €140.00 ($147.37) target price on Linde AG and gave the company a “neutral” rating in a report on Wednesday, August 3rd. Four equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of €151.92 ($159.92).
Linde AG (ETR:LIN) opened at 161.20 on Wednesday. Linde AG has a 52-week low of €113.97 and a 52-week high of €162.45. The company’s 50 day moving average is €149.53 and its 200-day moving average is €139.79. The company has a market capitalization of €29.92 billion and a price-to-earnings ratio of 24.31.
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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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