Linde (LIN) Gets a Buy Rating from UBS
UBS analyst Andrew Stott maintained a Buy rating on Linde (LIN) today and set a price target of EUR235.00. The company’s shares closed last Monday at $233.15.
Stott has an average return of 15.8% when recommending Linde.
According to TipRanks.com, Stott is ranked #1000 out of 7017 analysts.
Currently, the analyst consensus on Linde is a Strong Buy with an average price target of $280.04, which is a 19.7% upside from current levels. In a report issued on October 8, J.P. Morgan also maintained a Buy rating on the stock.
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Linde’s market cap is currently $122.5B and has a P/E ratio of 55.10. The company has a Price to Book ratio of 35.46.
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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.