Norddeutsche Landesbank analyst Thorsten Strauss maintained a Hold rating on Linde (LIN) yesterday and set a price target of EUR172.00. The company’s shares closed last Wednesday at $178.78.
According to TipRanks.com, Strauss is ranked #5918 out of 6546 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Linde with a $211.96 average price target, a 16.1% upside from current levels. In a report issued on April 29, Barclays also maintained a Hold rating on the stock with a $215.00 price target.
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The company has a one-year high of $227.85 and a one-year low of $146.71. Currently, Linde has an average volume of 2.89M.
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LIN in relation to earlier this year.
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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.
