UBS Group Reiterates “Buy” Rating for Linde (ETR:LIN)

Linde (ETR:LIN)‘s stock had its “buy” rating reaffirmed by investment analysts at UBS Group in a research report issued to clients and investors on Thursday, April 11th, Borsen Zeitung reports.

Other analysts also recently issued reports about the stock. Sanford C. Bernstein reissued a “sell” rating on shares of Linde in a research report on Tuesday, January 8th. Independent Research reissued a “neutral” rating on shares of Linde in a research report on Tuesday, December 18th. Deutsche Bank set a €167.00 ($194.19) target price on shares of Linde and gave the stock a “buy” rating in a research report on Thursday, April 4th. Societe Generale reaffirmed a “buy” rating on shares of Linde in a report on Wednesday, January 9th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Linde in a report on Tuesday, January 22nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of €197.00 ($229.07).

Linde stock traded up €0.85 ($0.99) during trading hours on Thursday, hitting €160.45 ($186.57). The company had a trading volume of 855,463 shares, compared to its average volume of 75,282. The company has a debt-to-equity ratio of 26.79, a quick ratio of 0.72 and a current ratio of 1.33. The firm has a market cap of $46.19 billion and a PE ratio of 12.24. Linde has a fifty-two week low of €130.75 ($152.03) and a fifty-two week high of €191.80 ($223.02).

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.

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Analyst Recommendations for Linde (ETR:LIN)

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