Yesterday Linde (ETR:LIN) traded 0.00% even at 159.00EUR. Linde’s 50-day moving average is 172.00EUR and its two hundred day average is 142.00EUR. With the last close up 0.00% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.04% over the same period. Volume of trade was down over the average, with 0 shares of LIN changing hands under the typical 6,388
Linde (ETR:LIN) had its stock price target increased to 118.00EUR by Bernstein Research in a report released 12/22/2016. The new stock price target indicates a possible downside of -0.26% from the company's previous stock close price.
Previously on 12/21/2016, Commerzbank AG released a statement for Linde (ETR:LIN) bumped up the target price from 0.00EUR to 180.00EUR. At the time, this indicated a possible upside of 0.13%.
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Linde has with a 52 week low of 20.00EUR and a 52 week high of 196.00EUR and has a market capitalization of 0 EUR.
In addition to Bernstein Research reporting its target price, a total of 3 firms have reported on LIN. The one year target is 27.00EUR with zero equity analysts rating the company a strong buy, 0 brokers rating the stock a buy, 0 analysts rating the company a hold, zero analysts rating the company a underperform, and lastly 0 brokerages rating the stock a sell.
Brief Synopsis On Linde (ETR:LIN)
Linde AG is a Germany-based gas and engineering company that operates through three segments: Gases, Engineering and Other. The Gases segment offers a wide range of compressed and liquefied -gases, as well as chemicals to various industries, including energy, steel production, chemical processing, environmental protection and welding, as well as in food processing, glass production and electronics. The Engineering division offers planning, project development and construction of turnkey industrial plants, such as petrochemical and chemical plants, refineries, fertilizer plants, as well as olefin, natural gas, air separation, hydrogen and synthesis gas plants. The Other segment comprises logistics services of the Company's subsidiary Gist, which specializes in the distribution of chilled food and beverages.
The post A Statement Released Earlier today by Bernstein Research about Linde (ETR:LIN) raises the target price to 118.00EUR appeared first on Octafinance.