S&P Global Inc. Reiterates €120.00 Price Target for Linde AG (LIN)

Linde AG (ETR:LIN) has been given a €120.00 ($133.33) target price by analysts at S&P Global Inc. in a research report issued on Thursday. The brokerage presently has a a “sell” rating on the stock.

Shares of Linde AG (ETR:LIN) traded down 1.119% during trading on Thursday, hitting €129.979. The company’s stock had a trading volume of 4,108 shares. The stock has a market cap of €24.13 billion and a PE ratio of 20.904. The company has a 50-day moving average price of €126.79 and a 200-day moving average price of €127.20. Linde AG has a one year low of €113.97 and a one year high of €178.65.

A number of other equities analysts have also issued reports on LIN. Independent Research GmbH set a €135.00 ($150.00) price target on Linde AG and gave the stock a “neutral” rating in a report on Thursday. Warburg Research set a €162.00 ($180.00) price target on Linde AG and gave the stock a “buy” rating in a report on Thursday. Baader Bank set a €172.00 ($191.11) price target on Linde AG and gave the stock a “buy” rating in a report on Thursday. Commerzbank AG set a €150.00 ($166.67) price target on Linde AG and gave the stock a “buy” rating in a report on Thursday. Finally, Hauck & Aufhaeuser set a €156.00 ($173.33) price target on Linde AG and gave the stock a “buy” rating in a report on Wednesday. Four analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of €142.27 ($158.08).

Linde AG is a Germany-based company engaged in the gas and engineering sectors. It operates three divisions: Gases; Engineering (core divisions), as well as Gist. The Gases Division includes Healthcare, producing medical gases; and Tonnage, as its two global business units; as well as the two business areas Merchant and Packaged Gases, offering liquefied and cylinder gases, and Electronics.