There’s a lot to be optimistic about in the Materials sector as 1 analysts just weighed in on and Linde (LIN) with bullish sentiments.
Linde (LIN)
Baader Bank analyst Markus Mayer maintained a Buy rating on Linde on May 7 and set a price target of EUR238.00. The company’s shares closed last Tuesday at $298.00, close to its 52-week high of $303.87.
Mayer has an average return of 15.6% when recommending Linde.
According to TipRanks.com, Mayer is ranked #740 out of 7517 analysts.
Currently, the analyst consensus on Linde is a Strong Buy with an average price target of $326.19, which is an 8.3% upside from current levels. In a report issued on April 23, Kepler Capital also maintained a Buy rating on the stock with a EUR270.00 price target.
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