Linde (ETR:LIN) Rating Upgrade
Linde (ETR:LIN)’s stock was boosted to Buy by research analysts at Deutsche Bank AG, who have a target of EUR 180.00 on LIN. Deutsche Bank AG’s target is 13.92 % from LIN’s last price.
This rating upgrade is well received by investors, as ETR:LIN is now trading 0.54% higher at EUR 158.10 as of 12:00 AM Frankfurt time. Linde shares have [From2] 0% over the last 200 days, while the S&P500 Index has added 11.95% in the same time.
Linde (ETR:LIN) Profile
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.
Linde (ETR:LIN) traded up 0.54% on 24 December, hitting EUR 158.1. A total of 371,894 shares of the company’s stock traded hands. This is down from average of 662,953 shares. Linde has a 52 week low of EUR 113.50 and a 52 week high of EUR 164.99. The company has a market cap of 29.36 billion EUR and a P/E ratio of 23.78.
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