Wednesday May 7, 01:38 PM
Linde initiated with "buy"
By ING Financial Markets
LONDON, May 7 (newratings.com) - Analysts at ING Financial Markets initiate coverage of Linde (ticker: LIN-EUR) with a "buy" rating. The 12-month target price is set to E120.
In a research note published this morning, the analysts mention that there
is robust dynamic demand for industrial gases, and the profitability in the industry continues to be strong. Linde (Xetra: 648300 - news) is likely to sustain its level of high growth rates going forward and the healthy performance of its stock is likely to continue, ING Financial Markets adds.
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