Linde (LIN) PT Set at €188.24 by Independent Research

Linde (ETR:LIN) has been given a €188.24 ($218.88) price target by analysts at Independent Research in a research note issued to investors on Tuesday, October 16th. The firm presently has a “neutral” rating on the basic materials company’s stock. Independent Research’s price objective indicates a potential upside of 31.18% from the company’s previous close.

Other equities research analysts have also issued reports about the company. Commerzbank set a €180.00 ($209.30) price objective on Linde and gave the stock a “neutral” rating in a research note on Tuesday, October 16th. equinet set a €176.00 ($204.65) price objective on Linde and gave the stock a “neutral” rating in a research note on Tuesday, October 16th. UBS Group set a €225.00 ($261.63) price target 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 target on Linde and gave the stock a “buy” rating in a research note on Thursday, July 5th. Finally, JPMorgan Chase & Co. set a €217.00 ($252.33) price objective on shares of Linde and gave the company a “buy” rating in a report on Thursday, July 5th. 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).

About Linde

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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