Today's Trend
Linde plc (NASDAQ: LIN) shares have increased, supported by favorable analyst commentary and new projects that reinforce the company’s long-term growth in industrial gases, hydrogen and carbon capture. The stock is trading near $497, above its 50-day moving average of $478 but close to its 200-day moving average of $498.
- Barclays upgraded Linde to “strong buy,” adding to positive analyst sentiment and suggesting confidence in the company’s earnings outlook.
- Linde will build a carbon-capture plant capable of processing approximately 200,000 tonnes of CO₂ annually at a Swedish waste-to-energy facility. The project expands Linde’s presence in carbon-management infrastructure and could create future equipment, engineering and gas-supply opportunities. Linde to build 200,000-tonne CO2 capture plant at Swedish waste-to-energy facility
- Linde LienHwa is developing hydrogen-as-a-service and expanding refueling infrastructure in Taiwan. These initiatives could help address hydrogen transportation challenges while positioning Linde for growth as industrial and mobility demand develops. Linde LienHwa tackles hydrogen transport dilemma with HaaS
- Royal Bank of Canada lowered its price target from $553 to $549 but maintained an “outperform” rating. The modest target reduction indicates slightly less near-term upside, while the rating remains supportive.
- Recent commentary describes Linde as a potentially durable dividend and pricing-power company, but also highlights that the shares appear fully valued based on current earnings. This supports the company’s defensive appeal while limiting valuation-driven upside. Linde Stock Looks Fully Valued On Current Earnings