Linde (ETR:LIN) has been assigned a €227.00 ($270.24) price target by investment analysts at Deutsche Bank in a note issued to investors on Thursday. The firm presently has a “buy” rating on the basic materials company’s stock. Deutsche Bank’s price target suggests a potential upside of 20.36% from the company’s current price.
Several other brokerages also recently weighed in on LIN. Jefferies Group set a €244.00 ($290.48) price target on Linde and gave the stock a “buy” rating in a report on Monday, December 11th. JPMorgan Chase & Co. set a €160.00 ($190.48) price target on Linde and gave the stock a “neutral” rating in a report on Friday, October 27th. UBS Group set a €230.00 ($273.81) price target on Linde and gave the stock a “buy” rating in a report on Thursday, December 7th. Commerzbank set a €180.00 ($214.29) price target on Linde and gave the stock a “neutral” rating in a report on Friday, October 27th. Finally, Baader Bank reiterated a “buy” rating on shares of Linde in a report on Thursday, December 14th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and ten have given a buy rating to the company’s stock. Linde currently has a consensus rating of “Hold” and an average target price of €187.68 ($223.43).
Shares of Linde (LIN) opened at €188.60 ($224.52) on Thursday. Linde has a fifty-two week low of €145.60 ($173.33) and a fifty-two week high of €192.89 ($229.63). The firm has a market capitalization of $35,030.00 and a P/E ratio of 31.33.
Linde Aktiengesellschaft operates as a gases and engineering company worldwide. The companys Gases division offers a range of compressed and liquefied gases, and chemicals for use in steel and glass production, chemical and food processing, environmental protection, welding, and electronics industries, as well as in the energy sector.
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