Jefferies analyst Laurence Alexander reiterated a Buy rating on Linde plc (LIN) yesterday and set a price target of $190. The company’s shares closed yesterday at $153.36, close to its 52-week low of $153.
According to TipRanks.com, Alexander is a 5-star analyst with an average return of 11.9% and a 60.6% success rate. Alexander covers the Consumer Goods sector, focusing on stocks such as Sociedad Quimica Y Minera SA, GCP Applied Technologies, and Axalta Coating Systems.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Linde plc with a $172 average price target.
See today’s analyst top recommended stocks >>
Based on Linde plc’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $3.06 billion and net profit of $480 million. In comparison, last year the company earned revenue of $2.92 billion and had a net profit of $419 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Linde Plc engages in the production of industrial gas. The company was founded on April 18, 2017 and is headquartered in Surrey, the United Kingdom.
