Linde (ETR:LIN) Receives “Buy” Rating from Jefferies Financial Group

Linde (ETR:LIN)‘s stock had its “buy” rating reiterated by analysts at Jefferies Financial Group in a note issued to investors on Thursday, Borsen Zeitung reports.

Other research analysts have also recently issued reports about the stock. Goldman Sachs Group set a €195.00 ($226.74) target price on shares of Linde and gave the stock a “neutral” rating in a report on Monday, February 3rd. Baader Bank set a €180.00 ($209.30) price objective on shares of Linde and gave the company a “sell” rating in a research note on Monday, January 20th. Kepler Capital Markets set a €215.00 ($250.00) price objective on shares of Linde and gave the company a “buy” rating in a research note on Tuesday, February 4th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Linde in a research note on Wednesday, November 13th. Finally, Berenberg Bank set a €210.00 ($244.19) target price on shares of Linde and gave the company a “buy” rating in a research report on Tuesday, January 14th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of €190.90 ($221.97).

LIN stock traded up €6.15 ($7.15) during mid-day trading on Thursday, hitting €205.20 ($238.60). 992,366 shares of the company were exchanged, compared to its average volume of 75,282. The business has a 50 day simple moving average of €190.17 and a 200-day simple moving average of €180.51. The company has a current ratio of 0.90, a quick ratio of 0.62 and a debt-to-equity ratio of 27.59. The stock has a market capitalization of $106.20 billion and a PE ratio of 22.69. Linde has a 1-year low of €145.50 ($169.19) and a 1-year high of €200.60 ($233.26).

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.

Featured Article: Why do companies engage in swaps?

Analyst Recommendations for Linde (ETR:LIN)

Receive News & Ratings for Linde Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linde and related companies with MarketBeat.com's FREE daily email newsletter.