Linde (LIN) Received its Third Buy in a Row

After Citigroup and BMO Capital gave Linde (NYSE: LIN) a Buy rating last month, the company received another Buy, this time from Deutsche Bank. Analyst Tim Jones maintained a Buy rating on Linde today and set a price target of EUR350.00. The company’s shares closed last Monday at $300.07.

Jones has an average return of 16.8% when recommending Linde.

According to, Jones is ranked #5404 out of 7995 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Linde with a $345.89 average price target, a 15.1% upside from current levels. In a report issued on July 19, DZ BANK AG also maintained a Buy rating on the stock.

See today’s best-performing stocks on TipRanks >>

Based on Linde’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $8.21 billion and net profit of $1.17 billion. In comparison, last year the company earned revenue of $7.58 billion and had a net profit of $841 million.

Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Read More on LIN:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More