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) : Average target price received by Air Products and Chemicals (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
Air Products and Chemicals (NYSE:APD): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $145.53 and $145.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $147.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $147.70, notching a gain of 1.96% for the day. The total traded volume was 2,175,952 . The stock had closed at $144.86 on the previous day.
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.