UBS Group set a €235.00 ($276.47) target price on Linde (ETR:LIN) in a research report sent to investors on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the basic materials company’s stock.
A number of other equities research analysts also recently commented on the company. Jefferies Financial Group reiterated a buy rating on shares of Linde in a research report on Monday, August 3rd. Nord/LB set a €184.00 ($216.47) price objective on Linde and gave the company a neutral rating in a research report on Friday, July 31st. DZ Bank reiterated a buy rating on shares of Linde in a research report on Monday, August 3rd. Sanford C. Bernstein set a €224.87 ($264.55) price objective on Linde and gave the company a neutral rating in a research report on Thursday, August 20th. Finally, Baader Bank set a €225.00 ($264.71) price objective on Linde and gave the company a buy rating in a research report on Thursday, July 30th. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company currently has an average rating of Buy and an average price target of €218.08 ($256.56).
LIN opened at €187.85 ($221.00) on Monday. Linde has a 1-year low of €130.45 ($153.47) and a 1-year high of €221.70 ($260.82). The business has a 50 day moving average price of €202.37 and a two-hundred day moving average price of €193.67. The company has a market capitalization of $98.69 billion and a price-to-earnings ratio of 43.94. The company has a debt-to-equity ratio of 36.47, a current ratio of 0.80 and a quick ratio of 0.61.
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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