Praxair Inc. (PX) PT Raised to $162 at Jefferies
Tweet
Share
E-mail
Get Alerts PX Hot Sheet
Price: $10.54 --0%
Rating Summary:
12 Buy, 13 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 23
Rating Summary:
12 Buy, 13 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 23
Join SI Premium – FREE
Jefferies raised its price target on Praxair Inc. (NYSE: PX) to $162.00 (from $140.00) while maintaining a Buy rating after the Linde board vote to proceed with the merger.
Analyst Laurence Alexander forecast pro forma EPS of $6.25 in 2018E, rising to $11.10 in 2020E.
They estimate the pro forma company trades at 22x 2018E EPS and 17.2x 2019E EPS, and on EV/EBITDA 10.2x 2018E and 8.8x 2019E.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lowe's (LOW) PT Lowered to $275 at Guggenheim
- Evercore ISI Starts MongoDB (MDB) at Outperform
- TD Cowen Starts Lakefront Biotherapeutics (LKFT) at Buy
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS View, Analyst PT ChangeRelated Entities
Jefferies & Co, Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
