Independent Research GmbH set a €171.00 ($180.00) price target on Linde AG (ETR:LIN) in a report published on Wednesday morning. The brokerage currently has a neutral rating on the stock.

Other equities research analysts have also issued research reports about the stock. DZ Bank AG restated a neutral rating on shares of Linde AG in a research note on Monday, September 12th. BNP Paribas set a €155.00 ($163.16) price target on shares of Linde AG and gave the company a neutral rating in a research note on Tuesday, November 15th. Citigroup Inc. set a €120.00 ($126.32) price target on shares of Linde AG and gave the company a sell rating in a research note on Wednesday. Deutsche Bank AG set a €180.00 ($189.47) price objective on shares of Linde AG and gave the company a buy rating in a research note on Wednesday. Finally, Sanford C. Bernstein set a €118.00 ($124.21) price objective on shares of Linde AG and gave the company a sell rating in a research note on Wednesday. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average target price of €153.92 ($162.02).

Analyst Recommendations for Linde AG (ETR:LIN)

Linde AG (ETR:LIN) opened at 157.451 on Wednesday. The stock has a market cap of €29.23 billion and a price-to-earnings ratio of 23.748. The firm’s 50 day moving average price is €149.53 and its 200-day moving average price is €139.79. Linde AG has a 52 week low of €113.97 and a 52 week high of €159.60.

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About Linde AG

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.

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