Commerzbank set a €180.00 ($209.30) price objective on Linde (ETR:LIN) in a report released on Tuesday, October 16th. The brokerage currently has a neutral rating on the basic materials company’s stock.
Other equities research analysts have also issued reports about the company. UBS Group set a €225.00 ($261.63) price objective on Linde and gave the stock a buy rating in a research note on Thursday, July 5th. Baader Bank set a €242.50 ($281.98) price objective on Linde and gave the stock a buy rating in a research note on Thursday, July 5th. JPMorgan Chase & Co. set a €217.00 ($252.33) price target on Linde and gave the stock a buy rating in a research note on Thursday, July 5th. Kepler Capital Markets set a €238.00 ($276.74) price objective on shares of Linde and gave the company a buy rating in a report on Wednesday, September 26th. Finally, Deutsche Bank set a €245.00 ($284.88) price objective on shares of Linde and gave the company a buy rating in a report on Monday, July 2nd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of €210.78 ($245.09).
Shares of ETR LIN traded up €0.50 ($0.58) during midday trading on Tuesday, hitting €143.50 ($166.86). 1,188,011 shares of the stock traded hands, compared to its average volume of 75,282. Linde has a one year low of €150.10 ($174.53) and a one year 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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