Goldman Sachs (NYSE:GS) analyst Robert Koort maintained a Buy rating on Linde (NYSE:LIN) on Wednesday, setting a price target of EUR257, which is approximately 24.22% above the present share price of $244.31.
Koort expects Linde to post earnings per share (EPS) of $1.07 for the third quarter of 2020.
The current consensus among 20 TipRanks analysts is for a Strong Buy rating of shares in Linde, with an average price target of $254.79.
The analysts price targets range from a high of $303.49 to a low of $193.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $6.74 billion and a net profit of $718 million. The company's market cap is $128.11 billion.
According to TipRanks.com, Goldman Sachs analyst Robert Koort is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.6% and a 64.37% 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.