Brokerages Set Linde PLC (LIN) PT at $181.50

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Shares of Linde PLC (NYSE:LIN) have received a consensus rating of “Hold” from the seven analysts that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $181.50.

Several equities research analysts recently issued reports on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of Linde in a research note on Monday. BMO Capital Markets assumed coverage on shares of Linde in a research note on Tuesday, November 6th. They issued a “market perform” rating for the company. Zacks Investment Research upgraded shares of Linde from a “sell” rating to a “hold” rating in a research note on Tuesday, November 6th. Sanford C. Bernstein assumed coverage on shares of Linde in a research note on Monday, November 5th. They issued an “underperform” rating for the company. Finally, Barclays assumed coverage on shares of Linde in a research note on Monday, November 5th. They issued an “equal weight” rating and a $178.00 target price for the company.

NYSE:LIN traded down $3.57 during mid-day trading on Tuesday, hitting $153.36. The stock had a trading volume of 2,309,145 shares, compared to its average volume of 9,988,591. Linde has a twelve month low of $155.44 and a twelve month high of $166.85. The company has a market capitalization of $45.79 billion, a P/E ratio of 26.22, a price-to-earnings-growth ratio of 1.84 and a beta of 0.92. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.78 and a current ratio of 0.86.

Linde Company Profile

Linde plc operates as an industrial gas and engineering company. The company offers oxygen, nitrogen, argon, rare gases, carbon monoxide, carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene, shielding gases, and noble gases, as well as develops and distributes procedures and systems for gas applications.

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Analyst Recommendations for Linde (NYSE:LIN)

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