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Jefferies Sticks to Its Buy Rating for Linde (LIN)

In a report released today, Laurence Alexander from Jefferies maintained a Buy rating on Linde (LINResearch Report). The company’s shares closed last Thursday at $308.85.

According to TipRanks.com, Alexander is a 5-star analyst with an average return of 9.0% and a 64.4% success rate. Alexander covers the Basic Materials sector, focusing on stocks such as Danimer Scientific, Lithium Americas, and Chemours Company.

Currently, the analyst consensus on Linde is a Strong Buy with an average price target of $383.74, implying a 23.9% upside from current levels. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock.

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Linde’s market cap is currently $158.3B and has a P/E ratio of 45.40.

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Founded in 2017, UK-based Linde Plc is a leading global industrial gases and engineering company. The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde generates revenues through the following segments: Americas, EMEA (Europe, Middle East & Africa), APAC (Asia Pacific), Engineering and Others.

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