Linde (ETR:LIN) Given a €200.00 Price Target by Deutsche Bank Analysts
Deutsche Bank set a €200.00 ($232.56) target price on Linde (ETR:LIN) in a report issued on Wednesday, The Fly reports. The brokerage currently has a buy rating on the basic materials company’s stock.
Several other equities analysts have also commented on LIN. DZ Bank reaffirmed a buy rating and set a price target on shares of Linde in a research report on Tuesday. Jefferies Financial Group reaffirmed a buy rating on shares of Linde in a research report on Wednesday. Independent Research reaffirmed a neutral rating on shares of Linde in a research report on Tuesday, August 6th. UBS Group set a €200.00 ($232.56) price target on shares of Linde and gave the stock a buy rating in a research report on Wednesday. Finally, Nord/LB set a €171.00 ($198.84) price target on shares of Linde and gave the stock a neutral rating in a research report on Tuesday. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the stock. Linde presently has a consensus rating of Buy and a consensus target price of €176.00 ($204.65).
LIN stock traded up €0.60 ($0.70) on Wednesday, hitting €189.45 ($220.29). 588,205 shares of the company were exchanged, compared to its average volume of 75,282. Linde has a twelve month low of €130.75 ($152.03) and a twelve month high of €184.80 ($214.88). The company has a debt-to-equity ratio of 28.21, a current ratio of 1.02 and a quick ratio of 0.73. The business’s fifty day moving average is €176.72 and its two-hundred day moving average is €173.03. The stock has a market capitalization of $103.67 billion and a price-to-earnings ratio of 19.58.
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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