Air Products and Chemicals (NYSE:APD) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 9 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Citigroup maintains their rating on the shares of Air Products and Chemicals (NYSE:APD). The current rating of the shares is Neutral. Equity Analysts at the Firm raises the price target to $155 per share from $139 per share. The rating by the firm was issued on April 18, 2016.
Air Products and Chemicals (NYSE:APD): The mean estimate for the short term price target for Air Products and Chemicals (NYSE:APD) stands at $159.11 according to 9 Analysts. The higher price target estimate for the stock has been calculated at $175 while the lower price target estimate is at $135.
Air Products and Chemicals (NYSE:APD) witnessed a decline in the market cap on Tuesday as its shares dropped 0.62% or 0.89 points. After the session commenced at $144.26, the stock reached the higher end at $144.46 while it hit a low of $142.54. With the volume soaring to 1,111,744 shares, the last trade was called at $143.15. The company has a 52-week high of $152.16. The company has a market cap of $30,932 million and there are 216,081,190 shares in outstanding. The 52-week low of the share price is $114.64.
Air Products and Chemicals, Inc. has dropped 0.52% in the last five trading days, however, the shares have posted positive gains of 1.21% in the last 4 weeks. Air Products and Chemicals, Inc. is up 0.65% in the last 3-month period. Year-to-Date the stock performance stands at 10.68%.
Air Products and Chemicals, Inc. (Air Products) serves energy, electronics, chemicals, steel, and manufacturing customers with a portfolio of products, services, and solutions that include atmospheric gases, process and specialty gases, performance materials, equipment, and services. The Company operates in four business segments: Merchant Gases, Tonnage Gases, Electronics and Performance Materials, and Equipment and Energy. Merchant Gases sells atmospheric gases, such as oxygen, nitrogen, and argon, process gases, medical and specialty gases, and certain services and equipment. Tonnage Gases provides hydrogen, carbon monoxide, nitrogen, oxygen, and synthesis gas. Electronics and Performance Materials provide the electronics industry with specialty gases. Equipment and Energy designs and manufactures cryogenic equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction (LNG), and helium distribution.