Jefferies Believes Linde plc (NYSE: LIN) Won’t Stop Here

By Austin Angelo

In a report released today, Laurence Alexander from Jefferies maintained a Buy rating on Linde plc (LINResearch Report). The company’s shares opened today at $202.13, close to its 52-week high of $204.76.

According to TipRanks.com, Alexander is a 5-star analyst with an average return of 13.8% and a 65.0% success rate. Alexander covers the Consumer Goods sector, focusing on stocks such as DuPont de Nemours, Inc., Eastman Chemical, and Chemours Company.

Linde plc has an analyst consensus of Moderate Buy, with a price target consensus of $201.50, representing a -0.3% downside. In a report issued on June 14, Deutsche Bank also maintained a Buy rating on the stock.

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Linde plc’s market cap is currently $110B and has a P/E ratio of 19.01. The company has a Price to Book ratio of 2.15.

Based on the recent corporate insider activity of 46 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.