Linde PLC
LIN: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$164.00 | Zln | Mdpzlbhcl |
Linde Raises Full-Year 2022 Outlook After Solid Third Quarter; Increasing FVE to $347
We increase our fair value estimate for narrow-moat Linde to $347 from $340 after the industrial gas firm reported strong third-quarter results, posting a 14% year-over-year increase in adjusted EPS, to $3.10 from $2.73. The fair value increase is driven by our revised near-term expectations as well as time value of money.