Linde (LIN) Given a €190.00 Price Target by Barclays Analysts
Linde (ETR:LIN) received a €190.00 ($220.93) price objective from analysts at Barclays in a research report issued to clients and investors on Tuesday, September 25th. The brokerage presently has a “buy” rating on the basic materials company’s stock. Barclays’ target price suggests a potential upside of 9.16% from the company’s previous close.
A number of other equities analysts have also recently commented on LIN. Baader Bank set a €242.50 ($281.98) price target on Linde and gave the stock a “buy” rating in a report on Tuesday, May 29th. JPMorgan Chase & Co. set a €217.00 ($252.33) target price on Linde and gave the stock a “buy” rating in a report on Wednesday, May 30th. equinet set a €175.00 ($203.49) target price on Linde and gave the stock a “neutral” rating in a report on Monday, June 11th. Commerzbank set a €180.00 ($209.30) target price on Linde and gave the stock a “neutral” rating in a report on Monday, June 11th. Finally, Deutsche Bank set a €245.00 ($284.88) target price on Linde and gave the stock a “buy” rating in a report on Friday, June 15th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of €206.45 ($240.06).
ETR LIN traded up €0.55 ($0.64) during midday trading on Tuesday, hitting €174.05 ($202.38). The company had a trading volume of 52,804 shares, compared to its average volume of 75,282. Linde has a twelve month low of €150.10 ($174.53) and a twelve month high of €199.40 ($231.86).
Linde Aktiengesellschaft operates as a gases and engineering company worldwide. It operates in two divisions, Gases and Engineering. The 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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