Air Products & Chemicals PT Raised to $125.00 at Susquehanna (APD)
Susquehanna boosted their price objective on shares of Air Products & Chemicals (NYSE:APD) from $98.00 to $125.00 in a research note issued on Friday, AR Network reports. Susquehanna’s price objective suggests a potential upside of 6.73% from the stock’s previous close.
A number of other analysts have also recently weighed in on APD. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Air Products & Chemicals in a research note on Thursday. They now have a $134.00 price target on the stock, up previously from $121.00. Separately, analysts at Robert W. Baird raised their price target on shares of Air Products & Chemicals from $126.00 to $128.00 in a research note on Thursday. Finally, analysts at Jefferies Group raised their price target on shares of Air Products & Chemicals from $104.00 to $125.00 in a research note on Friday, March 14th. They now have a “hold” rating on the stock. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. Air Products & Chemicals currently has an average rating of “Hold” and a consensus price target of $113.67.
Air Products & Chemicals (NYSE:APD) opened at 117.12 on Friday. Air Products & Chemicals has a 1-year low of $85.59 and a 1-year high of $124.40. The stock’s 50-day moving average is $119.1 and its 200-day moving average is $112.7. The company has a market cap of $24.791 billion and a P/E ratio of 25.03.
Air Products & Chemicals (NYSE:APD) last released its earnings data on Wednesday, April 23rd. The company reported $1.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by $0.03. The company had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter in the previous year, the company posted $1.37 earnings per share. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. On average, analysts predict that Air Products & Chemicals will post $5.77 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, May 12th. Stockholders of record on Tuesday, April 1st will be paid a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 2.63%. The ex-dividend date is Friday, March 28th. This is a boost from Air Products & Chemicals’s previous quarterly dividend of $0.71.
Air Products and Chemicals, Inc has a portfolio of products, services, and solutions that include atmospheric gases, process and specialty gases, performance materials, equipment, and services.
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