Linde plc (LIN) Gets a Buy Rating from DZ BANK AG

By Carrie Williams

In a report released today, Peter Spengler from DZ BANK AG maintained a Buy rating on Linde plc (LINResearch Report). The company’s shares opened today at $203.58, close to its 52-week high of $205.55.

Linde plc has an analyst consensus of Moderate Buy, with a price target consensus of $208.33, which is a 2.3% upside from current levels. In a report issued on July 11, UBS also maintained a Buy rating on the stock.

See today’s analyst top recommended stocks >>

Based on Linde plc’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $6.94 billion and net profit of $517 million. In comparison, last year the company earned revenue of $3.06 billion and had a net profit of $480 million.

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.