Linde plc (NASDAQ:LIN) is included among the 12 Best European Dividend Stocks to Buy Now.
Image by Alexsander-777 from Pixabay
UBS analyst Joshua Spector upgraded Linde plc (NASDAQ:LIN) to Buy from Neutral on November 11, setting a new price target of $500, down slightly from $507, according to a report by The Fly. He noted that the company’s expected earnings growth acceleration in 2026 could act as a catalyst for the shares. He also described the company as a “defensive growth stock at an attractive risk/reward,” pointing out in his research note that the stock is trading at a 10% discount to its historical average multiple, a level typically seen when investor confidence in growth trends is lower.
In the third quarter of 2025, Linde plc (NASDAQ:LIN) reported $8.6 billion in revenue, a 3% increase from a year earlier. Operating profit reached $2.4 billion, while adjusted operating profit came in at $2.6 billion, also up 3%. Operating cash flow for the quarter rose 8% year over year to $2.9 billion.
In June 2025, Linde plc (NASDAQ:LIN) entered into a long-term agreement to supply industrial gases to a $4 billion low-carbon ammonia project under development in Louisiana. As part of this agreement, the company plans to invest $400 million in a new on-site facility that will work alongside its existing hydrogen and syngas infrastructure in the area.
Linde plc (NASDAQ:LIN) is a global industrial gases and engineering firm that supports a wide range of industries with high-quality gases, specialized mixtures, and related technologies.
READ NEXT: 15 Best 52-Week Low Dividend Stocks to Invest In and 15 Stocks with Highest Dividend to Invest In
