DZ BANK AG Believes Linde (LIN) Still Has Room to Grow
DZ BANK AG analyst Peter Spengler maintained a Buy rating on Linde (LIN) today. The company’s shares closed last Tuesday at $253.31, close to its 52-week high of $269.78.
Spengler has an average return of 18.8% when recommending Linde.
According to TipRanks.com, Spengler is ranked #1074 out of 7091 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Linde with a $283.38 average price target, representing a 10.9% upside. In a report issued on November 5, Baader Bank also maintained a Buy rating on the stock with a EUR225.00 price target.
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Linde’s market cap is currently $134.1B and has a P/E ratio of 61.20. The company has a Price to Book ratio of 42.10.
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Linde Plc engages in the production and distribution of industrial gases. It operates through the following segments: North America, Europe, South America, Asia, Surface Technologies, and Linde AG. Its primary products include atmospheric and process gases. The firm also designs, engineers, and builds equipment that produces industrial gases primarily for internal use. The company was founded on April 18, 2017 and is headquartered in Guildford, the United Kingdom.