Royal Bank Of Canada Forecasts Strong Price Appreciation for Linde (NASDAQ:LIN) Stock

Linde (NASDAQ:LIN) had its price objective boosted by stock analysts at Royal Bank Of Canada from $549.00 to $568.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has an “outperform” rating on the basic materials company’s stock. Royal Bank Of Canada‘s price target would indicate a potential upside of 10.18% from the stock’s previous close.

Several other equities analysts have also commented on LIN. Argus reduced their price target on Linde from $563.00 to $538.00 and set a “buy” rating on the stock in a research report on Monday, September 28th. Sanford C. Bernstein restated an “outperform” rating on shares of Linde in a research note on Monday, October 5th. Mizuho set a $583.00 price objective on shares of Linde in a report on Thursday. Berenberg Bank reissued a “buy” rating on shares of Linde in a research report on Tuesday, August 4th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Linde from $580.00 to $575.00 and set a “buy” rating for the company in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Linde has a consensus rating of “Moderate Buy” and an average price target of $549.19.

Linde Price Performance

Linde stock traded up $12.39 during midday trading on Friday, reaching $515.54. The company’s stock had a trading volume of 985,893 shares, compared to its average volume of 2,301,867. The firm has a market capitalization of $237.65 billion, a PE ratio of 33.35, a P/E/G ratio of 2.96 and a beta of 0.71. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The stock’s 50 day simple moving average is $482.87 and its 200 day simple moving average is $492.00. Linde has a fifty-two week low of $387.78 and a fifty-two week high of $548.20.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Thursday, October 29th. The basic materials company reported $4.59 earnings per share for the quarter, topping the consensus estimate of $4.52 by $0.07. Linde had a return on equity of 20.09% and a net margin of 20.43%. The company had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.16 billion. During the same quarter last year, the business posted $4.21 earnings per share. Linde’s revenue was up 9.3% compared to the same quarter last year. On average, equities research analysts forecast that Linde will post 17.86 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of LIN. State Street Corp grew its position in Linde by 3.7% in the second quarter. State Street Corp now owns 20,344,181 shares of the basic materials company’s stock valued at $10,558,016,000 after purchasing an additional 719,052 shares in the last quarter. Amundi grew its stake in Linde by 13.4% during the first quarter. Amundi now owns 3,162,409 shares of the basic materials company’s stock worth $1,567,796,000 after buying an additional 373,012 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Linde by 2.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,740,541 shares of the basic materials company’s stock valued at $1,358,712,000 after purchasing an additional 64,078 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Linde by 28.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,624,728 shares of the basic materials company’s stock valued at $805,475,000 after purchasing an additional 361,664 shares during the last quarter. Finally, Swiss National Bank grew its position in Linde by 6.6% during the 1st quarter. Swiss National Bank now owns 1,370,361 shares of the basic materials company’s stock worth $679,370,000 after acquiring an additional 85,360 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Key Linde News

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Linde reported third-quarter adjusted EPS of $4.59, above the $4.52 analyst consensus and up 9% year over year. Revenue rose 9.3% to $9.4 billion, exceeding estimates of $9.16 billion. Higher pricing, volume growth in the Americas and strong electronics demand helped drive the beat. Linde Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its 2026 earnings outlook, while highlighting a $7.9 billion project backlog, restructuring benefits and continued demand for chip-making gases tied to artificial intelligence and semiconductor investment. These factors support longer-term growth despite uneven industrial markets. LIN Q3 Earnings Call Highlights Restructuring and Growth Outlook
• Positive Sentiment: Barclays raised its Linde price target from $577 to $591 and assigned an “overweight” rating, implying roughly 15% upside from the referenced share price. The upgrade reinforces the bullish reaction to Linde’s earnings momentum and outlook. Barclays Stock Recommendations
• Neutral Sentiment: Linde guided to fourth-quarter adjusted EPS of $4.40–$4.50. While consistent with continued profitability, the outlook is below third-quarter EPS and reflects potential near-term pressure from industrial demand and margins. Linde Q4 EPS Guidance and Restructuring Charge
• Negative Sentiment: Reported GAAP net income declined 12% and diluted EPS fell 11%, primarily because of purchase-accounting effects, restructuring and other charges. Linde also expects a $425 million restructuring charge, which could weigh on near-term results even though adjusted earnings improved.

Linde Company Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.