Air Products and Chemicals, Inc with ticker code (APD) now have 21 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 345 and 263 calculating the mean target price we have 300.48. Given that the stocks previous close was at 240.48 this would imply there is a potential upside of 25.0%. The 50 day moving average now sits at 239.2 and the 200 moving average now moves to 272.31. The market cap for the company is $51,897m. Company Website: https://www.airproducts.com
The potential market cap would be $64,846m 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.
