Argus Research raises PT on Linde PLC

Linde

25/09/2025 13:19

** Argus Research raises price target on industrial gases company Linde PLC LIN.DE, LIN.O to $525 from $510

     ** The new price target represents an ~11% upside to the stock's last close

** Brokerage expects Linde to benefit from its leading position in a highly concentrated industry and macro trends such as decarbonization, the energy transition, and advances in healthcare markets

** Adds LIN will benefit from gains in volume and pricing and continued increases in their project backlog driven by strong demand and improving market conditions

** "We expect Linde to benefit through 2025 from increased demand for its industrial gases" - brokerage

** 19 of 26 brokerages rate the stock "buy" or higher, 6 "hold" and 1 "sell"; median PT is $518 - data compiled by LSEG

** Up to last close, stock up 13.2% YTD

 (Reporting by Dharna Bafna)

 ((Dharna.bafna@thomsonreuters.com))