Analysts Offer Insights on Materials Companies: Air Products and Chemicals (APD) and LANXESS (OtherLNXSF)
Analysts have been eager to weigh in on the Materials sector with new ratings on Air Products and Chemicals (APD – Research Report) and LANXESS (LNXSF – Research Report).
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Air Products and Chemicals (APD)
Evercore ISI analyst Eric Boyes maintained a Buy rating on Air Products and Chemicals yesterday and set a price target of $325.00. The company’s shares closed last Monday at $270.99.
According to TipRanks.com, Boyes is a 1-star analyst with an average return of
Currently, the analyst consensus on Air Products and Chemicals is a Moderate Buy with an average price target of $290.13, a 7.5% upside from current levels. In a report issued on January 31, TipRanks – Google also upgraded the stock to Buy with a $301.00 price target.
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LANXESS (LNXSF)
In a report released today, Chetan Udeshi from J.P. Morgan maintained a Sell rating on LANXESS. The company’s shares closed last Wednesday at $21.10.
Udeshi has an average return of
According to TipRanks.com, Udeshi is ranked #10253 out of 12040 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for LANXESS with a $20.57 average price target, a -2.5% downside from current levels. In a report issued on January 19, UBS also maintained a Sell rating on the stock with a EUR14.00 price target.
