Linde PLC

LIN: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$262.00	Jhm	Fxwycvnr

Linde Earnings: Solid Results Boost Bottom End of Full-Year Outlook

Krzysztof Smalec

Aug 2, 2024

Wide-moat-rated Linde's second-quarter adjusted EPS of $3.85 surpassed management's $3.70-$3.80 guidance despite a challenging macroeconomic environment. We've raised our fair value estimate to $425 from $420, mostly due to time value of money, and we see shares as fairly valued at current levels.

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To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

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