Analyst Rating Update on Air Products and Chemicals (APD)

Air Products and Chemicals (NYSE:APD) : 4 brokerage houses believe that Air Products and Chemicals (NYSE:APD) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Air Products and Chemicals (NYSE:APD). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 9 Wall Street Analysts endorse the stock as a Buy with a rating of 2.

Air Products and Chemicals (NYSE:APD) : Average target price received by Air Products and Chemicals (NYSE:APD) is $159.11 with an expected standard deviation of $11.7. The most aggressive target on the stock is $175, whereas the most downbeat target is $135. 9 financial analysts are currently covering the stock.

Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm Citigroup maintains its rating on Air Products and Chemicals (NYSE:APD). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Citigroup raises the price target from $139 per share to $155 per share. The rating by the firm was issued on April 18, 2016.

Air Products and Chemicals (NYSE:APD): stock turned positive on Tuesday. Though the stock opened at $136.09, the bulls momentum made the stock top out at $136.8 level for the day. The stock recorded a low of $134.34 and closed the trading day at $136.72, in the green by 1.41%. The total traded volume for the day was 1,475,286. The stock had closed at $134.82 in the previous days trading.

In an insider trading activity,The officer (SR VP and General Counsel) of Air Products & Chemicals Inc /De/, Stanley John D. sold 2,478 shares at $143.4 on May 24, 2016. The Insider selling transaction had a total value worth of $355,345. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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