Fintel reports that on April 28, 2023, Mizuho maintained coverage of Linde Plc. (NYSE:LIN) with a Neutral recommendation.
Analyst Price Forecast Suggests 7.09% Upside
As of April 23, 2023, the average one-year price target for Linde Plc. is 391.55. The forecasts range from a low of 368.65 to a high of $432.60. The average price target represents an increase of 7.09% from its latest reported closing price of 365.64.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Linde Plc. is 34,767MM, an increase of 4.26%. The projected annual non-GAAP EPS is 13.01.
What is the Fund Sentiment?
There are 2793 funds or institutions reporting positions in Linde Plc.. This is an increase of 157 owner(s) or 5.96% in the last quarter. Average portfolio weight of all funds dedicated to LIN is 0.76%, an increase of 7.38%. Total shares owned by institutions decreased in the last three months by 0.48% to 462,686K shares. 
The put/call ratio of LIN is 1.03, indicating a bearish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 15,012K shares representing 3.06% ownership of the company. In it's prior filing, the firm reported owning 14,872K shares, representing an increase of 0.93%. The firm increased its portfolio allocation in LIN by 12.79% over the last quarter.
Capital World Investors holds 12,698K shares representing 2.59% ownership of the company. In it's prior filing, the firm reported owning 12,328K shares, representing an increase of 2.91%. The firm increased its portfolio allocation in LIN by 18.23% over the last quarter.
Capital Research Global Investors holds 11,855K shares representing 2.42% ownership of the company. In it's prior filing, the firm reported owning 11,850K shares, representing an increase of 0.04%. The firm increased its portfolio allocation in LIN by 11.35% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 11,429K shares representing 2.33% ownership of the company. In it's prior filing, the firm reported owning 11,297K shares, representing an increase of 1.15%. The firm increased its portfolio allocation in LIN by 12.76% over the last quarter.
Massachusetts Financial Services holds 11,058K shares representing 2.26% ownership of the company. In it's prior filing, the firm reported owning 10,563K shares, representing an increase of 4.47%. The firm increased its portfolio allocation in LIN by 18.26% over the last quarter.
Linde Background Information
(This description is provided by the company.)
Linde is a leading global industrial gases and engineering company with 2020 sales of $27 billion (€24 billion). The company lives its mission of making its world more productive every day by providing high-quality solutions, technologies and services which are making the customers more successful and helping to sustain and protect the planet.The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.
See all Linde Plc. regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
