Overview
Linde plc is a global industrial gases and engineering company with its headquarters based in Guildford, Surrey, England. As a leader in the production of industrial gases, Linde operates in multiple segments, including healthcare, petroleum refining, manufacturing, and food processing. The company's primary products encompass oxygen, nitrogen, argon, and hydrogen, essential for various industrial operations. Linde has been instrumental in significant projects, focusing on hydrogen energy solutions and the development of technologies aimed at reducing carbon emissions across industries. One of the key advancements is their participation in large-scale hydrogen production plants and initiatives to transform conventional industrial processes into more environmentally sustainable operations. Linde's strategic efforts in innovation and sustainability underscore its commitment to technological advancement and environmental responsibility in the industrial sector.
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Basic Stats
The share price of Linde plc as of 10 July 2025 is € 402,80 / share. The market cap (or net worth) of Linde plc as of 10 July 2025 is € 188.876,76 MM.
The Factor Analysis chart (below right) shows a view of Linde plc from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 188,876.76 MM |
| EV | |
| Shares Out. | 468.91 MM |
| Earnings Date | |
| EPS (TTM) | 14.03 |
| Dividend Yield | |
| Ex-Dividend Date | |
| Borrow Rate | |
| Short Shares Avail. | |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | |
| Volatility (1 yr) | 0.06 |
| Beta | 0.60 |
| Sharpe Ratio (1 yr) | |
| Sortino Ratio (1 yr) |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | 0.08 |
| ROE | 0.17 |
| ROIC | 0.10 |
| CROIC | 0.01 |
| OCROIC | 0.15 |
| Implied Volatility | |
| Put/Call OI Ratio |
| Growth | |
| Profitability | |
| Quality Score | |
| Value Score | |
| Momentum Score | |
| Stability (Low Vol) Score | 97.66 /100 |
| Analyst Sentiment | |
| Fund Sentiment | |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | |
| QVM Score | |
| Piotroski F-SCORE | 7.00 /9 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Linde plc is € 362,15. The forecasts range from a low of € 282,80 to a high of € 420,00. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
| Record Date | Projection Date | High | Low | Median | Average |
|---|---|---|---|---|---|
| 2023-04-04 | 2024-04-04 | 420.00 | 282.80 | 362.10 | 362.15 |
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Linde plc. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2024-07-12 | Citigroup | Neutral | Neutral | Maintains |
| 2024-07-09 | UBS | Neutral | Neutral | Maintains |
| 2024-05-06 | HSBC | Buy | Buy | Maintains |
| 2024-05-06 | BMO Capital | Outperform | Outperform | Maintains |
| 2024-05-03 | Mizuho | Buy | Buy | Maintains |
| 2024-04-18 | Mizuho | Neutral | Buy | Upgrade |
| 2024-04-11 | Wells Fargo | Overweight | Overweight | Maintains |
| 2024-04-10 | Citigroup | Buy | Neutral | Downgrade |
| 2024-03-27 | UBS | Buy | Neutral | Downgrade |
| 2024-03-26 | Mizuho | Neutral | Neutral | Maintains |
| 2024-03-08 | Mizuho | Neutral | Neutral | Maintains |
| 2024-03-08 | BMO Capital | Outperform | Outperform | Maintains |
| 2024-03-07 | Mizuho | Neutral | Neutral | Maintains |
| 2024-03-01 | Wolfe Research | Peer Perform | Initiate | |
| 2024-02-07 | Wells Fargo | Overweight | Overweight | Maintains |
| 2024-02-07 | Mizuho | Neutral | Neutral | Maintains |
| 2024-01-22 | Stifel | Buy | Hold | Downgrade |
| 2024-01-08 | Seaport Global | Buy | Neutral | Downgrade |
| 2023-11-24 | HSBC | Buy | Buy | Maintains |
| 2023-10-30 | BMO Capital | Outperform | Outperform | Maintains |
| 2023-10-12 | UBS | Buy | Buy | Maintains |
| 2023-10-04 | Citigroup | Buy | Buy | Maintains |
| 2023-08-07 | HSBC | Buy | Buy | Maintains |
| 2023-08-01 | Morgan Stanley | Overweight | Overweight | Reiterate |
| 2023-08-01 | Argus Research | Buy | Buy | Maintains |
| 2023-07-31 | BMO Capital | Outperform | Outperform | Maintains |
| 2023-07-28 | Wells Fargo | Overweight | Overweight | Maintains |
| 2023-07-28 | JP Morgan | Overweight | Overweight | Maintains |
| 2023-07-28 | Barclays | Overweight | Overweight | Maintains |
| 2023-07-18 | Citigroup | Buy | Buy | Maintains |
| 2023-06-14 | Citigroup | Buy | Initiate | |
| 2023-05-12 | Berenberg | Buy | Maintains | |
| 2023-05-08 | HSBC | Buy | Maintains | |
| 2023-04-28 | Mizuho | Neutral | Maintains | |
| 2023-04-28 | Deutsche Bank | Buy | Maintains | |
| 2023-04-28 | Morgan Stanley | Overweight | Maintains | |
| 2023-04-28 | BMO Capital | Outperform | Maintains | |
| 2023-04-28 | Wells Fargo | Overweight | Maintains | |
| 2023-04-28 | Barclays | Overweight | Maintains | |
| 2023-03-08 | UBS | Buy | Maintains | |
| 2023-03-07 | Evercore ISI Group | Outperform | Maintains | |
| 2023-02-14 | BMO Capital | Outperform | Maintains | |
| 2023-02-08 | Wells Fargo | Overweight | Maintains | |
| 2023-02-08 | JP Morgan | Overweight | Maintains | |
| 2023-02-08 | Mizuho | Neutral | Maintains | |
| 2023-02-08 | Citigroup | Buy | Maintains | |
| 2023-01-12 | Mizuho | Neutral | Maintains | |
| 2022-12-15 | Goldman Sachs | Buy | Maintains | |
| 2022-12-15 | Citigroup | Buy | Maintains | |
| 2022-11-15 | HSBC | Buy | Maintains | |
| 2022-10-28 | Wells Fargo | Overweight | Maintains | |
| 2022-10-28 | Mizuho | Neutral | Maintains | |
| 2022-10-28 | JP Morgan | Overweight | Maintains | |
| 2022-10-17 | Societe Generale | Buy | Maintains | |
| 2022-10-13 | Seaport Global | Neutral | Buy | Upgrade |
| 2022-10-13 | Goldman Sachs | Buy | Initiate | |
| 2022-09-12 | UBS | Buy | Maintains | |
| 2022-08-10 | Stifel | Hold | Buy | Upgrade |
| 2022-07-29 | JP Morgan | Overweight | Maintains | |
| 2022-07-13 | B of A Securities | Buy | Maintains | |
| 2022-06-16 | Jefferies | Buy | Maintains | |
| 2022-05-31 | Evercore ISI Group | In-Line | Outperform | Upgrade |
| 2022-05-31 | Credit Suisse | Outperform | Initiate | |
| 2022-02-18 | HSBC | Buy | Maintains | |
| 2022-02-14 | BMO Capital | Outperform | Maintains | |
| 2022-01-11 | Morgan Stanley | Overweight | Maintains | |
| 2022-01-04 | Societe Generale | Buy | Maintains | |
| 2021-12-09 | Wolfe Research | Peer Perform | Outperform | Upgrade |
| 2021-12-07 | Evercore ISI Group | Outperform | In-Line | Downgrade |
| 2021-10-29 | Mizuho | Neutral | Maintains | |
| 2021-10-29 | Wells Fargo | Overweight | Maintains | |
| 2021-10-13 | Mizuho | Neutral | Initiate | |
| 2021-09-17 | Societe Generale | Buy | Maintains | |
| 2021-08-03 | Wells Fargo | Overweight | Maintains | |
| 2021-08-02 | JP Morgan | Overweight | Maintains | |
| 2021-08-02 | Deutsche Bank | Buy | Maintains | |
| 2021-06-10 | Wolfe Research | Peer Perform | Initiate | |
| 2021-06-03 | HSBC | Buy | Maintains | |
| 2021-05-18 | Vertical Research | Hold | Buy | Upgrade |
| 2021-05-11 | Wells Fargo | Overweight | Maintains | |
| 2021-05-10 | Morgan Stanley | Overweight | Maintains | |
| 2021-04-06 | Wells Fargo | Overweight | Maintains | |
| 2021-03-19 | Cowen & Co. | Market Perform | Initiate | |
| 2021-02-08 | Deutsche Bank | Buy | Maintains | |
| 2021-02-08 | Wells Fargo | Overweight | Maintains | |
| 2021-02-08 | Morgan Stanley | Overweight | Maintains | |
| 2020-12-07 | Barclays | Equal-Weight | Overweight | Upgrade |
| 2020-11-25 | HSBC | Hold | Buy | Upgrade |
| 2020-11-09 | Morgan Stanley | Overweight | Maintains | |
| 2020-11-06 | BMO Capital | Outperform | Maintains | |
| 2020-09-22 | Evercore ISI Group | Outperform | Initiate | |
| 2020-08-03 | Jefferies | Buy | Maintains | |
| 2020-07-31 | JP Morgan | Neutral | Overweight | Upgrade |
| 2020-07-28 | Morgan Stanley | Overweight | Maintains | |
| 2020-07-17 | SunTrust Robinson Humphrey | Buy | Maintains | |
| 2020-06-16 | HSBC | Buy | Hold | Downgrade |
| 2020-05-18 | UBS | Buy | Maintains | |
| 2020-05-12 | BMO Capital | Outperform | Maintains | |
| 2020-05-12 | Citigroup | Buy | Maintains | |
| 2020-05-08 | SunTrust Robinson Humphrey | Buy | Maintains | |
| 2020-05-08 | Deutsche Bank | Buy | Maintains | |
| 2020-05-08 | JP Morgan | Neutral | Maintains | |
| 2020-05-07 | CFRA | Buy | Maintains | |
| 2020-04-29 | Barclays | Equal-Weight | Maintains | |
| 2020-04-15 | Bernstein | Underperform | Market Perform | Upgrade |
| 2020-04-14 | BMO Capital | Outperform | Maintains | |
| 2020-04-09 | Citigroup | Buy | Maintains | |
| 2020-04-09 | JP Morgan | Overweight | Neutral | Downgrade |
| 2020-03-30 | Goldman Sachs | Neutral | Buy | Upgrade |
| 2020-03-30 | Morgan Stanley | Overweight | Maintains | |
| 2020-02-18 | SunTrust Robinson Humphrey | Buy | Maintains | |
| 2020-02-14 | Wells Fargo | Overweight | Maintains | |
| 2020-02-14 | Deutsche Bank | Buy | Maintains | |
| 2020-02-13 | CFRA | Hold | Buy | Upgrade |
| 2020-02-10 | Morgan Stanley | Overweight | Initiate | |
| 2020-02-03 | Goldman Sachs | Neutral | Initiate | |
| 2019-12-17 | UBS | Buy | Maintains | |
| 2019-12-02 | BMO Capital | Outperform | Maintains | |
| 2019-11-18 | Atlantic Equities | Overweight | Initiate | |
| 2019-11-14 | Citigroup | Buy | Maintains | |
| 2019-11-13 | Deutsche Bank | Buy | Maintains | |
| 2019-11-13 | JP Morgan | Overweight | Maintains | |
| 2019-11-13 | Wells Fargo | Outperform | Maintains | |
| 2019-11-13 | Barclays | Equal-Weight | Maintains | |
| 2019-10-16 | Wells Fargo | Outperform | Initiate | |
| 2019-08-06 | JP Morgan | Overweight | Maintains | |
| 2019-08-06 | Deutsche Bank | Buy | Maintains | |
| 2019-08-06 | Bank of America | Underperform | Reiterate | |
| 2019-07-09 | KeyBanc | Overweight | Maintains | |
| 2019-05-14 | Barclays | Equal-Weight | Maintains | |
| 2019-05-13 | BMO Capital | Market Perform | Outperform | Upgrade |
| 2019-04-03 | KeyBanc | Overweight | Overweight | Maintains |
| 2019-03-22 | Argus | Hold | Initiate | |
| 2019-01-15 | SunTrust Robinson Humphrey | Buy | Initiate | |
| 2019-01-14 | KeyBanc | Overweight | Initiate | |
| 2014-08-25 | Evercore Partners | Overweight | Equal-Weight | Downgrade |
| 2014-06-03 | Evercore Partners | Equal-weight | Overweight | Upgrade |
| 2014-03-24 | Wedbush | Outperform | Neutral | Downgrade |
| 2014-03-24 | Gabelli & Co. | Buy | Hold | Downgrade |
| 2014-01-15 | Evercore Partners | Equal-Weight | Initiate | |
| 2014-01-03 | Wedbush | Outperform | Initiate | |
| 2024-08-30 | BMO Capital | Outperform | Outperform | Maintains |
| 2024-08-05 | JP Morgan | Overweight | Overweight | Maintains |
| 2024-08-05 | B of A Securities | Buy | Buy | Maintains |
| 2024-08-06 | BMO Capital | Outperform | Outperform | Maintains |
| 2024-08-05 | Barclays | Overweight | Overweight | Maintains |
| 2024-11-01 | BMO Capital | Outperform | Outperform | Maintains |
| 2024-11-01 | Deutsche Bank | Buy | Buy | Maintains |
| 2024-11-01 | Mizuho | Outperform | Outperform | Maintains |
| 2024-12-18 | Citigroup | Neutral | Neutral | Maintains |
| 2024-11-19 | Erste Group | Buy | Hold | Downgrade |
| 2025-01-13 | TD Cowen | Hold | Buy | Upgrade |
| 2025-04-21 | Seaport Global | Neutral | Neutral | Reiterate |
| 2025-06-13 | RBC Capital | Outperform | Initiate | |
| 2025-07-09 | UBS | Neutral | Neutral | Maintains |
| 2025-06-30 | Citigroup | Neutral | Buy | Upgrade |
| 2025-08-04 | JP Morgan | Overweight | Overweight | Maintains |
