There’s a lot to be optimistic about in the Conglomerates sector as 2 analysts just weighed in on Linde (LIN) and LANXESS (LNXSF) with bullish sentiments.
Linde (LIN)
In a report released today, Markus Mayer from Baader Bank maintained a Buy rating on Linde, with a price target of EUR165.00. The company’s shares closed last Tuesday at $190.25.
Mayer has an average return of 6.0% when recommending Linde.
According to TipRanks.com, Mayer is ranked #5182 out of 6594 analysts.
Linde has an analyst consensus of Strong Buy, with a price target consensus of $211.42, a 10.4% upside from current levels. In a report issued on May 8, Jefferies also maintained a Buy rating on the stock.
See today’s analyst top recommended stocks >>
LANXESS (LNXSF)
HSBC analyst Martin Evans maintained a Buy rating on LANXESS yesterday and set a price target of EUR67.00. The company’s shares closed last Tuesday at $49.43.
According to TipRanks.com, Evans is ranked #3021 out of 6594 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for LANXESS with a $54.29 average price target, which is a 12.5% upside from current levels. In a report issued on May 6, Warburg Research also maintained a Buy rating on the stock with a EUR64.00 price target.
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