Linde is a gases and engineering company based in Germany. Co. operates through two divisions. The Gases division provides a range of compressed and liquefied gases as well as chemicals. Co.'s gases are used in the energy sector, in steel production, chemical processing, environmental protection, and welding, as well as in food processing, glass production and electronics. The Engineering division is engaged in industrial plants construction globally, focusing on market segments such as plants for the production of hydrogen and synthesis gas, air separation and olefins as well as plants for natural gas treatment.
  • TickerLIN
  • ISINDE0006483001
  • SectorChemicals
  • CountryGermany

Analysts

ValuEngine Rating and Forecast Report for LIN

ValuEngine Rating and Forecast Report for LIN

GlobalData Department

Linde AG (LIN) - Pharmaceuticals & Healthcare - Deals and Alliances Profile

Summary Linde AG (Linde) is a provider of industrial gases and engineering services. The company specializes in the planning, procurement, construction and operation of gas production and processing plants. It offers a wide range of compressed, liquefied gases and chemicals. It also offers engineering services to petrochemical and chemical industries. The company offers medical gases and services to healthcare providers and patients in hospitals, and long term care centers. It serves various sectors including energy, steel, chemical, environmental protection, welding, food processing, glass, ...

Linde AG: Proposed Linde Praxair merger gets clearance from US FTC is credit positive

Linde and Praxair received US FTC conditional consent to the proposed merger on 22/10/2018.

Linde AG - June 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Linde AG: Update of the credit opinion

Annual update of the credit opinion

Linde AG - September 2017 (LTM): Peer Snapshot

Peer Snapshot:  Linde AG - September 2017 (LTM) 8 December 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Sep-17 FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Sep-17

Linde AG - June 2017 (LTM): Peer Snapshot

Peer Snapshot:  Linde AG - June 2017 (LTM) 29 August 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Sep-15 FYE Sep-16 LTM

Keith Schoonmaker

We've Put Shares of Linde Under Review Following the Merger with Praxair

After completion of the merger between Praxair, Inc. and Linde AG, we are placing shares of the combined entity, Linde plc, under review as we assess the impact of the merger on our moat rating and fair value estimate....

Valens Research

Valens Equity Insights and Inflections - 2018 10 24

TJX currently trades above corporate averages relative to UAFRS-based (Uniform) Earnings, with a 24.0x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to improve from 15% in 2018 to 17% in 2023, accompanied by 4% Uniform Asset growth going forward. Analysts have similar expectations, projecting Uniform ROA to improve to 16% through 2020, accompanied by 4% Uniform Asset growth. However, management has concern about volatility in the U.K. market, their ability to maintain profitability, and headwinds facing HomeGoods, suggesting these bullish expectations are ...

Valens Research

LIN-DEU - Embedded Expectations Analysis - 2018 10 19

Linde Aktiengesellschaft (LIN:DEU) currently trades below recent averages relative to UAFRS-based (Uniform) Earnings, with a 23.2x Uniform P/E. However, even at these levels the market is pricing in bullish expectations for the firm, while management has concerns about macro headwinds and their cylinder business in Australia Specifically, management may lack confidence in their ability to maintain operating cash flows at current levels, and may be concerned about potential global geopolitical and macroeconomic headwinds. Additionally, they may be concerned about their cylinder business in Aus...

Valens Research

LIN-DEU - Embedded Expectations Analysis - 2018 10 19

Linde Aktiengesellschaft (LIN:DEU) currently trades below recent averages relative to UAFRS-based (Uniform) Earnings, with a 23.2x Uniform P/E. However, even at these levels the market is pricing in bullish expectations for the firm, while management has concerns about macro headwinds and their cylinder business in Australia Specifically, management may lack confidence in their ability to maintain operating cash flows at current levels, and may be concerned about potential global geopolitical and macroeconomic headwinds. Additionally, they may be concerned about their cylinder business in Aus...

Keith Schoonmaker

Morningstar | Linde’s efficiency programs plus new project startups should drive rising margins and ROICs.

Narrow-moat Linde is steadily reshaping itself as it seeks to boost margins and returns on investment in its core industrial gas, or IG, business.IGs typically make up a small portion of a customer's cost structure, but they are essential to the economic, safe, and efficient manufacture of high-volume commodity energy, metals, and petrochemicals, as well as high-value specialties such as semiconductors, commercial lighting, and medical diagnostics. Countercyclical sectors such as healthcare and food/beverage constitute roughly 25% of gas revenue, while less correlated electronics and aerospace...

ValuEngine Rating and Forecast Report for LIN

ValuEngine Rating and Forecast Report for LIN

ValuEngine Rating and Forecast Report for LIN

ValuEngine Rating and Forecast Report for LIN

LINDE AG sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of LINDE AG (DE), active in the Commodity Chemicals industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date July 28, 2017, the closing price was EUR 161.55 and its target price was estimated at EUR 150.79.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

GlobalData Department

Linde AG (LIN) - Pharmaceuticals & Healthcare - Deals and Alliances Profile

Summary Linde AG (Linde) is a provider of industrial gases and engineering services. The company specializes in the planning, procurement, construction and operation of gas production and processing plants. It offers a wide range of compressed, liquefied gases and chemicals. It also offers engineering services to petrochemical and chemical industries. The company offers medical gases and services to healthcare providers and patients in hospitals, and long term care centers. It serves various sectors including energy, steel, chemical, environmental protection, welding, food processing, glass, ...

GlobalData Department

Linde AG (LIN) - Oil & Gas - Deals and Alliances Profile

Summary Linde AG (Linde) is a provider of industrial gases and engineering services. The company specializes in the planning, procurement, construction and operation of gas production and processing plants. It offers a wide range of compressed, liquefied gases and chemicals. It also offers engineering services to petrochemical and chemical industries. The company offers medical gases and services to healthcare providers and patients in hospitals, and long term care centers. It serves various sectors including energy, steel, chemical, environmental protection, welding, food processing, glass, ...

GlobalData Department

Linde AG (LIN) - Medical Equipment - Deals and Alliances Profile

Summary Linde AG (Linde) is a provider of industrial gases and engineering services. The company specializes in the planning, procurement, construction and operation of gas production and processing plants. It offers a wide range of compressed, liquefied gases and chemicals. It also offers engineering services to petrochemical and chemical industries. The company offers medical gases and services to healthcare providers and patients in hospitals, and long term care centers. It serves various sectors including energy, steel, chemical, environmental protection, welding, food processing, glass, ...

Linde AG (LIN) - Power - Deals and Alliances Profile

Summary Linde AG (Linde) is a provider of industrial gases and engineering services. The company specializes in the planning, procurement, construction and operation of gas production and processing plants. Linde offers a wide range of compressed and liquefied gases, and chemicals, and offers facilities and equipment for gas applications. The company provides gases, therapies, consultation and supporting services for respiratory medicine. It also offers engineering services to petrochemical and chemical industries. . The company serves various sectors including energy, steel, chemical, envi...

Linde AG (LIN) - Oil & Gas - Deals and Alliances Profile

Summary Linde AG (Linde) is a provider of industrial gases and engineering services. The company specializes in the planning, procurement, construction and operation of gas production and processing plants. Linde offers a wide range of compressed and liquefied gases, and chemicals, and offers facilities and equipment for gas applications. The company provides gases, therapies, consultation and supporting services for respiratory medicine. It also offers engineering services to petrochemical and chemical industries. . The company serves various sectors including energy, steel, chemical, envi...

Expert Corporate Governance Service (ECGS)

Etude de l'AG du 10/05/2017

Items 3 and 4: DSW recommends opposing the discharge of both Management and Supervisory Board.On 20 December 2016, Linde AG and Praxair Inc. announced that the companies intend to combine in a merger of equals under a new holding company through an all-stock transaction. Employee representatives have already announced their opposition to this agreement. For further information on this business combination, see section 3.1 of this report.DSW, the German partner of ECGS has requested to add a vote on the merger to the agenda of this year's AGM on behalf of various shareholders. Specifically, DSW...

Valérie GASTALDY

Analyse moyen terme - LINDE AG : La tendance de fond est clairement orientée à la hausse.

La tendance de fond est clairement orientée à la hausse. Les cours progressent toujours. Les objectifs suivants sont à 191,67 € et 208,60 €. La tendance serait invalidée sous le support à 151,60 €.

Valérie GASTALDY

Medium term view - LINDE AG : The background trend is clearly bullish.

The background trend is clearly bullish. Prices are still making progress. The following targets are at €191.67 and €208.60. The trend would be invalidated below the support at €151.60.

Jérôme VINERIER

Analyse court terme - LINDE AG : La tendance de fond est clairement orientée à la hausse.

La tendance de fond est clairement orientée à la hausse. Les cours progressent toujours. Les objectifs suivants sont à 191,50 € et 197,50 €. La tendance serait invalidée sous le support à 170,80 €.

Jérôme VINERIER

Short term view - LINDE AG : The background trend is clearly bullish.

The background trend is clearly bullish. Prices are still making progress. The following targets are at €191.50 and €197.50. The trend would be invalidated below the support at €170.80.

Jérôme VINERIER

Analyse court terme - LINDE AG : Les cours progressent toujours.

La tendance de fond est clairement orientée à la hausse. Les cours progressent toujours. Les objectifs suivants sont à 185,50 € et 191,50 €. La tendance serait invalidée sous le support à 170,80 €.

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