Shares of Air Products and Chemicals, Inc. (NYSE:APD – Get Free Report) have been given a consensus recommendation of “Hold” by the seventeen analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $297.40.
A number of equities research analysts have commented on the company. Mizuho decreased their price target on Air Products and Chemicals from $295.00 to $286.00 and set a “buy” rating for the company in a research note on Wednesday, May 1st. TD Cowen lifted their target price on shares of Air Products and Chemicals from $305.00 to $320.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. UBS Group upped their price target on shares of Air Products and Chemicals from $276.00 to $281.00 and gave the company a “neutral” rating in a research note on Tuesday. Barclays lifted their price objective on shares of Air Products and Chemicals from $290.00 to $295.00 and gave the stock an “equal weight” rating in a research note on Monday, August 5th. Finally, Citigroup upped their target price on Air Products and Chemicals from $280.00 to $305.00 and gave the company a “buy” rating in a research report on Friday, July 12th.
Get Our Latest Stock Report on Air Products and Chemicals
Hedge Funds Weigh In On Air Products and Chemicals
Air Products and Chemicals Stock Down 0.4 %
Air Products and Chemicals stock opened at $274.43 on Friday. Air Products and Chemicals has a 1-year low of $212.24 and a 1-year high of $307.71. The business has a fifty day moving average price of $266.96 and a 200-day moving average price of $251.77. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.27 and a quick ratio of 1.31. The stock has a market capitalization of $61.01 billion, a price-to-earnings ratio of 24.77, a PEG ratio of 3.17 and a beta of 0.81.
Air Products and Chemicals Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Tuesday, October 1st will be given a $1.77 dividend. The ex-dividend date of this dividend is Tuesday, October 1st. This represents a $7.08 annualized dividend and a yield of 2.58%. Air Products and Chemicals’s dividend payout ratio is presently 63.90%.
About Air Products and Chemicals
Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.
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