DZ Bank Reiterates “Buy” Rating for Linde (ETR:LIN)

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DZ Bank reaffirmed their buy rating on shares of Linde (ETR:LIN) in a research note published on Monday, Borsen Zeitung reports.

Other research analysts have also recently issued reports about the company. Independent Research reissued a neutral rating on shares of Linde in a research report on Tuesday, August 6th. Baader Bank reissued a sell rating on shares of Linde in a research report on Monday, August 5th. Nord/LB reissued a neutral rating on shares of Linde in a research report on Tuesday, August 6th. UBS Group set a €190.00 ($220.93) price target on Linde and gave the company a buy rating in a research report on Monday, August 5th. Finally, Sanford C. Bernstein reissued a sell rating on shares of Linde in a research report on Monday, August 5th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of €190.50 ($221.51).

LIN stock opened at €168.00 ($195.35) on Monday. The business has a 50-day moving average of €176.55 and a 200-day moving average of €163.83. Linde has a fifty-two week low of €130.75 ($152.03) and a fifty-two week high of €191.80 ($223.02). The company has a debt-to-equity ratio of 26.85, a current ratio of 1.35 and a quick ratio of 0.95. The stock has a market capitalization of $51.47 billion and a P/E ratio of 15.11.

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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