Kepler Capital Markets set a €225.00 ($252.81) target price on Linde (ETR:LIN) in a research note released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the basic materials company’s stock.
Other equities research analysts have also issued research reports about the stock. DZ Bank reaffirmed a buy rating on shares of Linde in a research report on Tuesday, June 30th. Jefferies Financial Group reaffirmed a buy rating on shares of Linde in a research report on Friday, June 5th. Baader Bank set a €165.00 ($185.39) price objective on Linde and gave the company a buy rating in a research note on Wednesday, May 20th. Morgan Stanley reiterated a buy rating on shares of Linde in a research note on Thursday, March 12th. Finally, HSBC reiterated a buy rating on shares of Linde in a research note on Monday, March 16th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Linde has an average rating of Buy and an average target price of €191.74 ($215.44).
ETR LIN opened at €198.50 ($223.03) on Wednesday. Linde has a 52 week low of €130.45 ($146.57) and a 52 week high of €208.60 ($234.38). The firm has a market capitalization of $104.67 billion and a P/E ratio of 45.92. The company has a quick ratio of 0.54, a current ratio of 0.74 and a debt-to-equity ratio of 35.72. The company has a 50-day moving average price of €185.99 and a 200-day moving average price of €179.02.
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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