On Nov 08, major Wall Street analysts update their ratings for $Air Products & Chemicals (APD.US)$, with price targets ranging from $315 to $360.
J.P. Morgan analyst Jeffrey Zekauskas maintains with a buy rating, and adjusts the target price from $350 to $345.
BofA Securities analyst Steve Byrne maintains with a buy rating, and adjusts the target price from $317 to $358.
Barclays analyst Michael Leithead maintains with a hold rating, and adjusts the target price from $295 to $315.
Wells Fargo analyst Michael Sison maintains with a hold rating, and maintains the target price at $330.
Mizuho Securities analyst John Roberts CFA maintains with a buy rating, and maintains the target price at $360.
Furthermore, according to the comprehensive report, the opinions of $Air Products & Chemicals (APD.US)$'s main analysts recently are as follows:
The company has taken measures to alleviate investor concerns, as discussed in its earnings conference call. It has set an expectation to start generating positive free cash flow by 2027, addressing a key concern regarding persistent negative cash flow generation within the industrial gas sector.
Following the fiscal Q4 report, there's an observation that baseline fiscal 2025 earnings estimates are trending downward, and management's strategy has largely been reaffirmed. The relative outperformance of the stock suggests that the market may be factoring in more successful outcomes from activist involvement.
Here are the latest investment ratings and price targets for $Air Products & Chemicals (APD.US)$ from 5 analysts:
Note:
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