Bull
$570.58
Scenario price
$489.510
+4.210 (+0.86%)At close
Linde plc is a United Kingdom-based global industrial gases and engineering company. The Company's segments include Americas, EMEA, APAC and Engineering. Its primary products in its industrial gases business consists of atmospheric gases, such as oxygen, nitrogen, argon, and rare gases and process gases, including hydrogen, helium, carbon dioxide, carbon monoxide, electronic gases, and acetylene, among others. The Company also designs and builds equipment that produces industrial gases and offers customers a range of gas production and processing services, such as olefin plants, natural gas plants, air separation plants, hydrogen and synthesis gas plants and other types of plants. It serves a diverse group of industries including healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics. Its Engineering business designs and manufactures equipment for air separation and other industrial gas applications specifically for end customers.
Linde PLC (LIN) is a good buy right now due to its current price of $489.51, which is below the analyst price target of $564 from Bernstein, suggesting a potential upside of 15%. Additionally, the company's gross margin stands at 37.30%, indicating strong profitability. However, the main risk is the forward P/E ratio of 27.40, which suggests that the stock may be overvalued if earnings growth does not meet expectations.
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

Jim Cramer Highlights Five Top AI Stocks to Buy

Tech Stocks Surge, Driving Market Gains

Lindian Acquires 100% Ownership of SARECO Facility

US-Iran Talks Resume, Oil Prices Drop

Linde Reports Strong Q2 Earnings Amid Mixed Market Reactions
Linde plc is a United Kingdom-based global industrial gases and engineering company. The Company's segments include Americas, EMEA, APAC and Engineering. Its primary products in its industrial gases business consists of atmospheric gases, such as oxygen, nitrogen, argon, and rare gases and process gases, including hydrogen, helium, carbon dioxide, carbon monoxide, electronic gases, and acetylene, among others. The Company also designs and builds equipment that produces industrial gases and offers customers a range of gas production and processing services, such as olefin plants, natural gas plants, air separation plants, hydrogen and synthesis gas plants and other types of plants. It serves a diverse group of industries including healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics. Its Engineering business designs and manufactures equipment for air separation and other industrial gas applications specifically for end customers. It operates in the Basic Materials sector.
Linde PLC (LIN) is a good buy right now due to its current price of $489.51, which is below the analyst price target of $564 from Bernstein, suggesting a potential upside of 15%. Additionally, the company's gross margin stands at 37.30%, indicating strong profitability. However, the main risk is the forward P/E ratio of 27.40, which suggests that the stock may be overvalued if earnings growth does not meet expectations.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.