BMO Capital analyst John McNulty has reiterated their bullish stance on LIN stock, giving a Buy rating today.
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John McNulty has given his Buy rating due to a combination of factors indicating Linde’s potential for growth and resilience. Despite recent concerns over foreign exchange impacts and market noise, Linde’s 2025 earnings projections have remained strong, with pricing expected to accelerate and a growing backlog. These elements position the company for both near and long-term upside compared to its peers.
Moreover, Linde is largely insulated from broader market risks such as macroeconomic fluctuations and trade tariffs, suggesting a potential for outperformance relative to the market. The company is also expected to benefit from substantial backlog growth and new project announcements, including significant developments in carbon capture and electronics. With these factors in play, along with favorable pricing trends and efficiency gains, McNulty anticipates robust EPS growth for Linde in the coming years.
In another report released today, Barclays also maintained a Buy rating on the stock with a $510.00 price target.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LIN in relation to earlier this year.