Investors sold shares of Linde PLC (NYSE:LIN) on strength during trading on Thursday. $48.27 million flowed into the stock on the tick-up and $113.25 million flowed out of the stock on the tick-down, for a money net flow of $64.98 million out of the stock. Of all equities tracked, Linde had the 14th highest net out-flow for the day. Linde traded up $1.19 for the day and closed at $159.06
A number of equities analysts have issued reports on the stock. Deutsche Bank assumed coverage on shares of Linde in a research report on Thursday, November 15th. They issued a “buy” rating on the stock. Sanford C. Bernstein began coverage on shares of Linde in a research report on Monday, November 5th. They issued an “underperform” rating on the stock. Edward Jones began coverage on shares of Linde in a research report on Wednesday, October 31st. They set a “buy” rating on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of Linde in a research report on Monday, November 12th. Finally, Commerzbank reiterated a “neutral” rating on shares of Linde in a research report on Thursday, November 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. Linde has an average rating of “Hold” and an average target price of $181.50.
The company has a current ratio of 0.86, a quick ratio of 0.70 and a debt-to-equity ratio of 0.98. The stock has a market cap of $45.40 billion, a PE ratio of 27.19, a PEG ratio of 1.83 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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