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LIN - Linde: A Quality Company But Valuation Looks A Little Bloated
July, 09 2024 10:45 AM
Linde plc
2024-07-09 10:45:05 ET
Summary Linde is a high-quality defensive company with strong share price performance in recent years, mostly driven by margin expansion. Revenue growth has been limited and with the rising share prices, valuation is looking bloated. We would like to see organic growth before we re-rate this company. With its current high PE ratios, we initiate with a sell rating. ...
For further details see:
Linde: A Quality Company But Valuation Looks A Little Bloated
Stock Information
Company Name:
Linde plc
Stock Symbol:
LIN
Market:
NYSE
Website:
linde.com
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