Linde (ETR:LIN) Rating Reaffirmed
Stock research analysts at Credit Suisse Group now has a EUR 180.00 TP on Linde (ETR:LIN). Credit Suisse Group and their recent TP indicates a potential upside of 6.51% from the company’s previous close. The rating has been shown in a very recent research note on 27 November.
From a total of 18 analysts covering Linde (ETR:LIN) stock, 11 rate it a ”Buy”, 2 a “Sell”, and 5 a ”Hold”. This means that 61% of the ratings are positive. The highest target price is €225 while the lowest target price is €135. The mean of all analyst targets is €189.60 with a 12.02% above today’s (€169.25) stock price. Linde was the topic of 41 analyst reports since July 17, 2015 according to the firm StockzIntelligence Inc. DZ-Bank AG upgraded shares on November 20 to “Buy” rating. Bankhaus Lampe maintained shares with “Hold” rating and €195 target share price in a report from an October 27. Independent Research upgraded LIN stock in a recent report from October 29 to “Buy” rating. Warburg Research upgraded the rating on October 23. Warburg Research has a “Buy” rating and a €201 price target on shares. Finally, Hauck & Aufhäuser Privatbankiers KGaA upgraded the stock to “Buy” rating in a report issued on an October 29.
The stock increased 1.32% or EUR 2.2 on November 26, striking EUR 169.25. Approximately 366,367 shares of stock traded hands. Linde AG (ETR:LIN) has risen 1.50% since May 23, 2014 and is uptrending. It has outperformed by 2.86% the S&P500.
Linde AG is a Germany-based company engaged in the gas and engineering sectors. The company has a market cap of 30.78 billion EUR. It operates three divisions: Gases; Engineering , as well as Gist. It has 27.57 P/E ratio. 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.