Linde’s (LIN) Buy Rating Reiterated at DZ Bank

Share on StockTwits

DZ Bank reiterated their buy rating on shares of Linde (ETR:LIN) in a research note issued to investors on Monday, Borsen Zeitung reports.

Other equities research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. reissued a buy rating on shares of Linde in a research report on Tuesday, August 6th. Societe Generale reissued a buy rating on shares of Linde in a research report on Monday, April 15th. Pareto Securities set a €142.00 ($165.12) target price on shares of Linde and gave the company a sell rating in a research report on Tuesday, August 6th. UBS Group set a €190.00 ($220.93) target price on shares of Linde and gave the company a buy rating in a research report on Monday, August 5th. Finally, Deutsche Bank reaffirmed a buy rating and issued a price target (up previously from ) on shares of Linde in a research note on Tuesday, August 6th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of €190.50 ($221.51).

Shares of Linde stock traded down €0.90 ($1.05) during trading on Monday, reaching €171.60 ($199.53). The company’s stock had a trading volume of 336,110 shares, compared to its average volume of 75,282. The firm’s 50-day moving average price is €177.04. The firm has a market capitalization of $51.47 billion and a price-to-earnings ratio of 15.43. Linde has a 52 week low of €130.75 ($152.03) and a 52 week high of €191.80 ($223.02). The company has a debt-to-equity ratio of 26.85, a quick ratio of 0.95 and a current ratio of 1.35.

Linde Company Profile

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.

See Also: What is the balance sheet?

Analyst Recommendations for Linde (ETR:LIN)

Receive News & Ratings for Linde Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linde and related companies with MarketBeat.com's FREE daily email newsletter.