Linde (ETR:LIN) Stock Rating Reaffirmed by Sanford C. Bernstein
Sanford C. Bernstein restated their sell rating on shares of Linde (ETR:LIN) in a research note published on Thursday, Borsen Zeitung reports.
Several other equities research analysts have also commented on LIN. Deutsche Bank dropped their price objective on shares of Broadcom from $330.00 to $315.00 and set a buy rating on the stock in a research note on Friday, June 14th. Kepler Capital Markets set a €11.00 ($12.79) price objective on shares of E.On and gave the stock a buy rating in a research note on Monday, May 13th. UBS Group boosted their price objective on shares of LyondellBasell Industries from $86.00 to $89.00 and gave the stock a neutral rating in a research note on Thursday, July 11th. DZ Bank raised shares of Linde to a buy rating in a research note on Friday, May 17th. Finally, Societe Generale reissued a buy rating on shares of Linde in a research note on Monday, April 15th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of €199.53 ($232.02).
ETR:LIN opened at €181.30 ($210.81) on Thursday. Linde has a one year low of €130.75 ($152.03) and a one year high of €191.80 ($223.02). The company has a debt-to-equity ratio of 26.85, a current ratio of 1.35 and a quick ratio of 0.95. The business’s 50-day simple moving average is €177.17. The company has a market capitalization of $51.47 billion and a price-to-earnings ratio of 16.30.
Linde plc operates as an industrial gas company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. The company offers oxygen, nitrogen, argon, rare gases, carbon monoxide, carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. It also designs and constructs turnkey process plants, such as olefin, natural gas, air separation, and hydrogen and synthesis gas plants.
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