Equities researchers at Sanford C. Bernstein began coverage on shares of Linde (NYSE:LIN) in a research note issued on Monday, November 5th, MarketBeat reports. The firm set an “underperform” rating on the basic materials company’s stock.
LIN has been the topic of a number of other research reports. JPMorgan Chase & Co. started coverage on Linde in a research report on Friday, November 2nd. They set an “overweight” rating and a $185.00 price target on the stock. Barclays started coverage on Linde in a research report on Monday, November 5th. They set an “equal weight” rating and a $178.00 price target on the stock. Finally, Edward Jones started coverage on Linde in a research report on Wednesday, October 31st. They set a “buy” rating on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $181.50.
NYSE LIN traded down $3.57 during trading hours on Monday, reaching $153.36. 2,309,145 shares of the stock traded hands, compared to its average volume of 9,988,591. Linde has a 1 year low of $155.44 and a 1 year high of $166.85. The company has a quick ratio of 0.78, a current ratio of 0.86 and a debt-to-equity ratio of 0.98. The company has a market capitalization of $45.79 billion, a price-to-earnings ratio of 26.22, a PEG ratio of 1.84 and a beta of 0.92.
Linde plc operates as an industrial gas and engineering company. The company offers oxygen, nitrogen, argon, rare gases, carbon monoxide, carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene, shielding gases, and noble gases, as well as develops and distributes procedures and systems for gas applications.
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