ubs maintains neutral rating on linde with target price of 505 dollars

UBS has given Linde a "Neutral" rating and set a target price of $505 after the company's third-quarter results. Analyst Joshua Spector mentioned that Linde's forecast for the final quarter was lower than expected, indicating a cautious outlook. He expects consistent performance from the industrial gases group but does not anticipate a reacceleration in earnings per share growth at this time.

Linde's stock is currently priced at $456.02, showing a slight decline of 0.03%. The stock has experienced fluctuations, reaching a high of $487.31 and a low of $381.17 in the past year. Different trading platforms reported varying prices, with AMEX and NYSE showing prices of $458.47 and $457.26, respectively. The overall market sentiment seems cautious as investors analyze the recent earnings report and future projections.

The cautious outlook from UBS and the lower-than-expected forecast for the final quarter indicate a sense of caution surrounding Linde's performance. Despite consistent performance from the industrial gases group, there is no anticipation of a reacceleration in earnings per share growth at this time. Linde's stock price currently stands at $456.02, with slight fluctuations in the past year. The varying prices reported by different trading platforms further highlight the cautious sentiment in the market as investors analyze the recent earnings report and future projections.

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