Fly News Breaks for February 14, 2020
Feb 14, 2020 | 08:13 EDT
JPMorgan analyst Jeffrey Zekauskas raised his price target for Linde plc to $230 from $211 saying the company is "in good shape for 2020" after it "confidently projected" earnings in a range of $8.00 to $8.25 for the year, up 9%-12%. The analyst keeps an Overweight rating on the shares.
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.