Linde (ETR:LIN) has been given a €211.00 ($245.35) price target by research analysts at Independent Research in a research report issued on Friday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the basic materials company’s stock. Independent Research’s target price suggests a potential upside of 3.43% from the stock’s current price.

A number of other analysts have also recently weighed in on the company. Deutsche Bank set a €220.00 ($255.81) price objective on Linde and gave the stock a “buy” rating in a research report on Monday, December 2nd. Kepler Capital Markets set a €215.00 ($250.00) target price on Linde and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Berenberg Bank set a €210.00 ($244.19) target price on Linde and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Jefferies Financial Group reissued a “buy” rating on shares of Linde in a research note on Thursday. Finally, DZ Bank reissued a “neutral” rating on shares of Linde in a research note on Tuesday, January 21st. 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. Linde currently has an average rating of “Hold” and a consensus target price of €192.90 ($224.30).

LIN stock opened at €204.00 ($237.21) on Friday. 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 company has a market capitalization of $110.34 billion and a PE ratio of 22.56. Linde has a 12-month low of €145.50 ($169.19) and a 12-month high of €200.60 ($233.26). The business’s fifty day moving average price is €190.63 and its 200 day moving average price is €180.74.

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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