Analyst Evaluation of Linde PLC Shares
Amidst recent trading, Linde PLC (Symbol: LIN) saw its shares exceed the average analyst 12-month target price of $446.62, trading at $447.03/share. When a stock hits this target, analysts typically respond by either downgrading due to valuation concerns or revising the target upwards. This reaction may also hinge on fundamental business developments propelling the stock price surge — a signal for potential target price adjustments.
Analyst Variance and Averages
Within Zacks’ coverage universe, 16 diverse analyst targets influence Linde PLC’s average target price. Despite this average being a numerical calculation, individual analysts deviate from it significantly. Notably, targets range from as low as $410.00 to as high as $485.00, with a standard deviation of $22.788. However, the essence of focusing on the average LIN target price lies in amalgamating the collective wisdom of various contributors, rather than solely relying on one expert’s opinion.
| Recent LIN Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Month Ago | 3 Month Ago |
| Strong buy ratings: | 14 | 14 | 16 | 17 |
| Buy ratings: | 1 | 1 | 1 | 0 |
| Hold ratings: | 4 | 4 | 2 | 2 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 0 | 0 | 0 | 0 |
| Average rating: | 1.45 | 1.45 | 1.24 | 1.21 |
The average rating, depicted in the table’s final row, spans a scale from 1 to 5, with 1 signifying Strong Buy and 5 representing Strong Sell. The data referenced in this article originates from Zacks Investment Research via Quandl.com — providing up-to-date insights for LIN investors.
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The views expressed herein are the author’s and do not necessarily align with Nasdaq, Inc.’s perspectives.
