In a report released today, John McNulty from BMO Capital maintained a Buy rating on Air Products and Chemicals (NYSE: APD), with a price target of $202. The company’s shares closed yesterday at $162.44.
According to TipRanks.com, McNulty is a 4-star analyst with an average return of 8.0% and a 64.9% success rate. McNulty covers the Consumer Goods sector, focusing on stocks such as Westlake Chemical Corp, Venator Materials Plc, and Pq Group Holdings Inc.
Air Products and Chemicals has an analyst consensus of Strong Buy, with a price target consensus of $192, implying a 18.2% upside from current levels. In a report issued on July 30, Seaport Global also reiterated a Buy rating on the stock with a $190 price target.
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Air Products and Chemicals’ market cap is currently $35.62B and has a P/E ratio of 23.60. The company has a Price to Book ratio of 3.40.
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Air Products & Chemicals, Inc. engages in the manufacture and distribution of atmospheric gases. It operates through the following segments: Industrial Gases-Americas; Industrial Gases-EMEA (Europe, Middle East, and Africa); Industrial Gases-Asia; Industrial Gases-Global; Materials Technologies; and Corporate and Other.
