Berenberg Bank analyst Sebastian Bray maintained a Buy rating on Linde (NYSE:LIN) on Monday, setting a price target of EUR230, which is approximately 10.82% above the present share price of $246.1.
Bray expects Linde to post earnings per share (EPS) of $0.87 for the third quarter of 2020.
The current consensus among 14 TipRanks analysts is for a Strong Buy rating of shares in Linde, with an average price target of $274.98.
The analysts price targets range from a high of $320 to a low of $218.19.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $6.38 billion and a net profit of $840 million. The company's market cap is $129.29 billion.
According to TipRanks.com, Berenberg Bank analyst Sebastian Bray is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.4% and a 43.18% success rate.
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 (DE:LING). 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.