New Buy Rating for Air Products and Chemicals (APD), the Basic Materials Giant

Bernstein analyst James Hooper maintained a Buy rating on Air Products and Chemicals today and set a price target of $320.00.

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According to TipRanks, Hooper is an analyst with an average return of -2.1% and a 19.05% success rate. Hooper covers the Basic Materials sector, focusing on stocks such as BASF SE, PPG Industries, and Linde.

In addition to Bernstein, Air Products and Chemicals also received a Buy from Evercore ISI’s Eric Boyes in a report issued on November 11. However, on the same day, TR | OpenAI – 4o reiterated a Hold rating on Air Products and Chemicals (NYSE: APD).

Based on Air Products and Chemicals’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.17 billion and a net profit of $4.9 million. In comparison, last year the company earned a revenue of $3.19 billion and had a net profit of $1.95 billion