Linde (ETR:LIN) Given a €220.00 Price Target at Deutsche Bank
Deutsche Bank set a €220.00 ($255.81) price target on Linde (ETR:LIN) in a research report report published on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the basic materials company’s stock.
Several other equities research analysts have also recently weighed in on LIN. Independent Research set a €189.00 ($219.77) price objective on Linde and gave the stock a neutral rating in a report on Wednesday, November 13th. Berenberg Bank set a €210.00 ($244.19) price objective on Linde and gave the stock a buy rating in a report on Tuesday, November 26th. Sanford C. Bernstein set a €149.85 ($174.24) price objective on Linde and gave the stock a sell rating in a report on Wednesday, November 20th. Baader Bank set a €150.00 ($174.42) price objective on Linde and gave the stock a sell rating in a report on Tuesday, November 12th. Finally, DZ Bank reiterated a buy rating and issued a price objective on shares of Linde in a report on Tuesday, November 12th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of €184.89 ($214.98).
Shares of LIN stock opened at €182.50 ($212.21) on Monday. Linde has a 1-year low of €130.75 ($152.03) and a 1-year high of €191.30 ($222.44). The company has a debt-to-equity ratio of 27.59, a current ratio of 0.90 and a quick ratio of 0.62. The business has a 50-day moving average of €181.75 and a 200 day moving average of €175.54. The stock has a market capitalization of $98.03 billion and a PE ratio of 20.18.
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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