Linde stocks have recently crossed above their 200-day moving average, indicating a potential positive trend. However, multiple stakeholders, including Advisory Services Network LLC and International Assets Investment Management LLC, have reduced their holdings. Meanwhile, others like Assetmark Inc. increased their stake. Linde's CEO, Sanjiv Lamba, also executed a significant sell-off. Amid these mixed signals, analysts remain moderately optimistic, averaging a 'Moderate Buy' rating for Linde. The company continues to reward shareholders with a regular dividend, while also engaging in strategic moves such as partnering with Cummins for a Green Hydrogen Unit in New York and acquiring the additional stake in nexAir. However, the firm's valuation has been questioned, leading Citigroup to downgrade the stock. On the plus side, Linde's earnings are expected to grow, and its Q1 earnings beat estimates supported by higher prices. Seaport Res Ptn increased Q4 2024 EPS estimates. Overall, Linde has seen a lot of activity while remaining in line with the market mostly.
Linde Stocks LIN News Analytics from Fri, 11 Aug 2023 07:00:00 GMT to Sun, 26 May 2024 00:34:03 GMT -
Rating 0
- Innovation -5
