Analyst Rating Update on Air Products and Chemicals (APD)

Air Products and Chemicals (APD) : 9 analysts are covering Air Products and Chemicals (APD) and their average rating on the stock is 1.89, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Air Products and Chemicals (APD) : The highest short term price target forecast on Air Products and Chemicals (APD) is $180 and the lowest target price is $135. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $161.11 with a standard deviation of $13.61.

Company shares have received an average consensus rating of Hold for the current week


Air Products and Chemicals (NYSE:APD): The stock opened at $148.75 on Wednesday but the bulls could not build on the opening and the stock topped out at $148.75 for the day. The stock traded down to $147.79 during the day, due to lack of any buying support eventually closed down at $148.21 with a loss of -0.01% for the day. The stock had closed at $148.23 on the previous day. The total traded volume was 858,510 shares.

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.

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