Linde (ETR:LIN) Receives Neutral Rating from HSBC

HSBC reissued their neutral rating on shares of Linde (ETR:LIN) in a research note issued to investors on Tuesday, Borsen Zeitung reports.

LIN has been the subject of several other reports. Nord/LB set a €171.00 ($198.84) price objective on shares of Linde and gave the company a neutral rating in a report on Tuesday, November 12th. JPMorgan Chase & Co. reissued a buy rating on shares of Linde in a report on Wednesday, November 13th. Sanford C. Bernstein set a €149.85 ($174.24) target price on Linde and gave the stock a sell rating in a research report on Wednesday, November 20th. DZ Bank reaffirmed a buy rating and set a price target on shares of Linde in a research note on Tuesday, November 12th. Finally, Independent Research set a €189.00 ($219.77) price target on Linde and gave the company a neutral rating in a research report on Wednesday, November 13th. 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. The company presently has a consensus rating of Hold and an average target price of €184.89 ($214.98).

LIN stock opened at €181.40 ($210.93) on Tuesday. The firm’s 50-day moving average is €181.83 and its two-hundred day moving average is €175.64. The company has a market capitalization of $97.44 billion and a price-to-earnings ratio of 20.06. Linde has a 52 week low of €130.75 ($152.03) and a 52 week high of €191.30 ($222.44). The company has a current ratio of 0.90, a quick ratio of 0.62 and a debt-to-equity ratio of 27.59.

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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