UBS has given Linde PLC a "Neutral" rating and a price target of $505 after the company's third-quarter results.
According to analyst Joshua Spector, Linde's forecast for the final quarter was lower than expected, indicating a cautious outlook for the industrial gases group.
Spector believes that Linde will continue to perform consistently, but he does not expect a significant increase in earnings per share in the near future.
The report, published on October 31, 2024, highlights the challenges that the company faces in meeting market expectations.