Linde (ETR:LIN) has been given a €171.00 ($198.84) target price by equities research analysts at Nord/LB in a note issued to investors on Tuesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the basic materials company’s stock. Nord/LB’s price objective would indicate a potential downside of 9.74% from the company’s previous close.

Several other research firms also recently weighed in on LIN. Sanford C. Bernstein set a €115.00 ($133.72) target price on Linde and gave the company a “sell” rating in a research report on Friday, October 11th. UBS Group set a €192.00 ($223.26) target price on Linde and gave the company a “buy” rating in a research report on Monday, October 7th. Pareto Securities set a €142.00 ($165.12) price target on Linde and gave the company a “sell” rating in a report on Tuesday, August 6th. Baader Bank set a €150.00 ($174.42) price target on Linde and gave the company a “sell” rating in a report on Tuesday, September 17th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Linde in a report on Tuesday, August 6th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of €176.00 ($204.65).

ETR LIN traded up €0.60 ($0.70) on Tuesday, hitting €189.45 ($220.29). 588,205 shares of the company traded hands, compared to its average volume of 75,282. The company has a market capitalization of $103.67 billion and a price-to-earnings ratio of 19.58. The company has a current ratio of 1.02, a quick ratio of 0.73 and a debt-to-equity ratio of 28.21. The business’s 50 day moving average price is €176.72 and its 200-day moving average price is €173.03. Linde has a 52-week low of €130.75 ($152.03) and a 52-week high of €184.80 ($214.88).

About Linde

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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Analyst Recommendations for Linde (ETR:LIN)

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