Atlantic Securities upgraded Air Products & Chemicals (NYSE:APD) from Underweight to Neutral in a statement released earlier today.
- Updated: September 29, 2016
Atlantic Securities has upgraded Air Products & Chemicals (NYSE:APD) from Underweight to Neutral in a statement released on Friday September 30, 2016.
Having a price of $150.51, Air Products & Chemicals (NYSE:APD) traded 0.49% higher on the day. With the last stock price close up 2.82% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. APD has recorded a 50-day average of $152.02 and a two hundred day average of $146.38. Trade Volume was up over the average, with 2,038,059 shares of APD changing hands over the typical 1,321,940
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Air Products & Chemicals has a 52 week low of $114.64 and a 52 week high of $157.84 with a P/E ratio of 56.31 Air Products & Chemicals’s market capitalization is currently $0.
In addition to Atlantic Securities reporting its stock price target, a total of 18 brokers have issued a research note on APD. The one year target is $153.44 with two equity analysts rating the company a strong buy, six equity analysts rating the company a buy, eleven equity analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.
General Company Details For Air Products & Chemicals (NYSE:APD)
Air Products and Chemicals, Inc. is an industrial gases company. The Company's Industrial Gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. The Company operates through seven segments: Industrial Gases-Americas, Industrial Gases-Europe, Middle East, and Africa (EMEA), Industrial Gases-Asia, Industrial Gases-Global, Materials Technologies, Energy-from-Waste, and Corporate and other. The Company is also a supplier of liquefied natural gas process technology and equipment. The Company's Materials Technologies business serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries. The Company manufactures and distributes products in two lines of business: Industrial Gases and Materials Technologies.
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