Brokerages Set Linde plc (ETR:LIN) Price Target at €322.25

Shares of Linde plc (ETR:LINGet Rating) have earned a consensus rating of “N/A” from the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is €321.38 ($338.29).

A number of research firms have weighed in on LIN. Deutsche Bank Aktiengesellschaft set a €323.00 ($340.00) price objective on shares of Linde in a research report on Monday, February 14th. Berenberg Bank set a €340.00 ($357.89) target price on shares of Linde in a research report on Tuesday, May 3rd. Baader Bank set a €320.00 ($336.84) target price on shares of Linde in a research report on Thursday. Deutsche Bank Rese… set a €352.00 ($370.53) target price on shares of Linde in a research report on Tuesday, May 3rd. Finally, UBS Group set a €345.00 ($363.16) target price on shares of Linde in a research report on Friday, April 29th.

ETR:LIN traded up €9.70 ($10.21) during trading hours on Friday, reaching €297.85 ($313.53). 879,549 shares of the company were exchanged, compared to its average volume of 75,282. The company has a current ratio of 0.85, a quick ratio of 0.65 and a debt-to-equity ratio of 37.07. The stock’s 50-day moving average is €286.22 and its 200-day moving average is €284.39. The firm has a market cap of $149.74 billion and a PE ratio of 40.76. Linde has a twelve month low of €236.75 ($249.21) and a twelve month high of €309.35 ($325.63).

About Linde (Get Rating)

Linde plc operates as an industrial gas and engineering company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

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