New Buy Rating for Air Products and Chemicals (APD), the Basic Materials Giant
Argus Research analyst Bill Selesky maintained a Buy rating on Air Products and Chemicals yesterday. The company’s shares closed yesterday at $236.71.
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Selesky covers the Energy sector, focusing on stocks such as Devon Energy, Enbridge, and Helmerich & Payne. According to TipRanks, Selesky has an average return of 6.8% and a 58.76% success rate on recommended stocks.
Air Products and Chemicals has an analyst consensus of Moderate Buy, with a price target consensus of $303.20, which is a 28.09% upside from current levels. In a report released on December 8, Alembic Global also maintained a Buy rating on the stock with a $345.00 price target.
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
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- Air Products price target lowered to $265 from $317 at Argus
- Air Products price target lowered to $255 from $285 at Deutsche Bank
- 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
- Air Products falls -7.6%
