Fly News Breaks for February 10, 2020
Feb 10, 2020 | 05:10 EDT
Morgan Stanley analyst Vincent Andrews resumed coverage of Linde plc with an Overweight rating and $250 price target. The company has the best risk/reward for 2020 in Chemicals as its earnings growth is the most "inward," coming from cost synergies and share repurchases, Andrews tells investors in a research note.
News For LIN From the Last 2 Days
Jul 30, 2021 | 13:55 EDT
The guidance assumes 3% currency tailwind versus prior year and 1% headwind sequentially.
Jul 28, 2021 | 06:54 EDT
Linde announced it has started up its new on-site facility in Qinzhou, China, supplying oxygen and other industrial gases to Shanghai Huayi's new chemical complex. The new facility is comprised of three air separation units which will supply up to 7,500 tons per day of oxygen and 5,000 tons per day of nitrogen. By supplying the various Shanghai Huayi companies from one central facility, Linde will operate more efficiently, lowering its energy consumption and carbon emissions. The total investment for this new facility was approximately $200M.