Linde plc (NASDAQ:LIN) has experienced a series of movements involving its shares, acquiring and selling by different investors. Despite consistent stock price fluctuation, the company remains resilient, with brokerages setting an average price target of $468.83. Increasing its stake in nexAir and rewarding shareholders with a quarterly dividend hike are among its significant activities. Simultaneously, insider trading has seen CEO Sanjiv Lamba sell 8,306 shares. The company's stock forecast and price target for 2024 appear positive, notwithstanding minor blips in the market. Yet Citi downgraded Linde's stocks in light of a strong run-up. Amidst these, Linde's Q4 Earnings are expected to grow, while its EPS growth in FY24 is anticipated due to pricing and cost management. Furthermore, Linde shows a rising relative strength in stock upgrades.
Linde's propulsion into the hydrogen market is garnering interest, and being named as 'hot hydrogen stock picks' for value investors characterizes its perspective. The Zacks Analyst Blog highlights the company alongside major players like Eli Lilly, Caterpillar, Salesforce, and Wells Fargo. The transition in profile towards a 'clean energy superstar' and being tagged as one of the 'must-buy' hydrogen stocks attests to Linde's increasing impact in the hydrogen economy.
Linde Stocks LIN News Analytics from Wed, 09 Aug 2023 07:00:00 GMT to Thu, 23 May 2024 20:33:33 GMT - Rating 5 - Innovation -3 - Information 6 - Rumor -4