Linde (ETR:LIN) Earns “Buy” Rating from UBS Group

UBS Group restated their buy rating on shares of Linde (ETR:LIN) in a report published on Thursday morning, Borsen Zeitung reports.

LIN has been the subject of a number of other research reports. Societe Generale reissued a buy rating on shares of Linde in a research note on Monday, April 15th. Independent Research reissued a neutral rating on shares of Linde in a research note on Wednesday, April 10th. Deutsche Bank cut their price target on shares of Broadcom from $330.00 to $315.00 and set a buy rating for the company in a research note on Friday, June 14th. Sanford C. Bernstein set a €108.00 ($125.58) price target on shares of Merck KGaA and gave the stock a neutral rating in a research note on Tuesday, May 14th. Finally, DZ Bank raised shares of Linde to a buy rating in a research note on Friday, May 17th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of €199.53 ($232.02).

LIN stock opened at €180.45 ($209.83) on Thursday. The company has a current ratio of 1.35, a quick ratio of 0.95 and a debt-to-equity ratio of 26.85. Linde has a one year low of €130.75 ($152.03) and a one year high of €191.80 ($223.02). The stock has a market cap of $51.47 billion and a PE ratio of 16.23. The business has a 50 day moving average of €175.16.

About Linde

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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