BMO Capital Sticks to Their Hold Rating for Air Products and Chemicals (APD)
In a report released today, John McNulty from BMO Capital maintained a Hold rating on Air Products and Chemicals, with a price target of $295.00.
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McNulty covers the Basic Materials sector, focusing on stocks such as DuPont de Nemours, Axalta Coating Systems, and Air Products and Chemicals. According to TipRanks, McNulty has an average return of 1.4% and a 49.59% success rate on recommended stocks.
In addition to BMO Capital, Air Products and Chemicals also received a Hold from Morgan Stanley’s Vincent Andrews in a report issued today. However, yesterday, Bank of America Securities maintained a Sell 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
Read More on APD:
Disclaimer & DisclosureReport an Issue
- Hold Rating on Air Products and Chemicals Amid Share Price Drop and Project Uncertainties
- Sell Rating for Air Products and Chemicals Due to High Capital Expenditure and Market Risks
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- Air Products, Yara announce plans for low-emission ammonia projects
- Air Products Board Member Lisa Davis to Retire
