Air Products and Chemicals, Inc – Consensus Indicates Potential 19.5% Upside

Broker Ratings
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Air Products and Chemicals, Inc found using ticker (APD) have now 22 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 383 and 300 calculating the mean target price we have 329.64. With the stocks previous close at 275.85 this would imply there is a potential upside of 19.5%. The 50 day moving average now sits at 294.21 and the 200 day moving average is 288.21. The market cap for the company is $61,546m. Company Website: https://www.airproducts.com

The potential market cap would be $73,547m based on the market concensus.

Air Products and Chemicals provides atmospheric gases, process and specialty gases, equipment, and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas; specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries, including refining, chemical, gasification, metals, manufacturing, food and beverage, electronics, magnetic resonance imaging, energy production and refining, and metals. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. Air Products and Chemicals has a strategic collaboration with Baker Hughes Company to develop hydrogen compression systems. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.

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