Linde Proposes Two-Step EUR 7.00 Dividend; Merger With Praxair on Track for 2018 Close; Raising FVE
We plan to raise our fair value estimate of EUR 169 by 3%-5% for narrow-moat global industrial gas supplier Linde following modestly stronger fourth-quarter results and management guidance for moderately stronger growth from legacy operations in 2018. Our increase mainly reflects the rising arbitrage value of Linde stock relative to that of Praxair and the benefits from U.S. tax reform. Investor optimism regarding the Linde-Praxair merger is likely to be the largest driver for Linde’s stock for ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.