Berenberg Bank analyst Anthony Manning maintained a Buy rating on Linde (NYSE:LIN) on Wednesday, setting a price target of EUR230, which is approximately 15.08% above the present share price of $234.86.
Manning expects Linde to post earnings per share (EPS) of $0.87 for the fourth quarter of 2020.
The current consensus among 16 TipRanks analysts is for a Strong Buy rating of shares in Linde, with an average price target of $280.51.
The analysts price targets range from a high of $340.78 to a low of $216.22.
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 $126.05 billion.
According to TipRanks.com, Berenberg Bank analyst Anthony Manning is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 24.1% and a 72.73% 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.