Linde (ETR:LIN) Stock Upgrade
Research professionals at the Baader Wertpapierhandelsbank division of equities upgraded shares of Linde (ETR:LIN) to a Buy on Tuesday, 15 December. Baader Wertpapierhandelsbank currently has a TP of EUR 174.00 on LIN or 35.62% more upside.
From a total of 3 analysts covering Linde (ETR:LIN) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is €28 while the lowest target price is €26. The mean of all analyst targets is €27 with a 37.99% above today’s (€128.05) stock price. Linde was the topic of 54 analyst reports since July 17, 2015 according to the firm StockzIntelligence Inc. Bernstein upgraded shares on December 14 to “Outperform” rating. UBS downgraded shares to “Sell” rating and €135 target share price in a report from a December 2. Independent Research maintained LIN stock in a recent report from December 9 with “Hold” rating. Warburg Research upgraded the rating on December 2. Warburg Research has a “Buy” rating and a €160 price target on shares. Finally, JP Morgan maintained the stock with “Neutral” rating in a report issued on a December 3.
The stock decreased 1.76% or EUR 2.3 on December 14, striking EUR 128.05. Approximately 770,130 shares of stock traded hands or 4.30% up from the average. Linde AG (ETR:LIN) has risen 1.50% since May 23, 2014 and is uptrending. It has outperformed by 5.92% the S&P500.
Linde AG is a Germany-based company engaged in the gas and engineering sectors. The company has a market cap of 23.78 billion EUR. It operates three divisions: Gases; Engineering , as well as Gist. It has 20.86 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.