Were Analysts Bullish Air Products & Chemicals, Inc. (NYSE:APD) This Week?

July 18, 2017 - By Ellis Scott

 Were Analysts Bullish Air Products & Chemicals, Inc. (NYSE:APD) This Week?
Investors sentiment decreased to 1.17 in 2016 Q4. Its down 0.06, from 1.23 in 2016Q3. It worsened, as 62 investors sold Air Products & Chemicals, Inc. shares while 245 reduced holdings. 86 funds opened positions while 273 raised stakes. 187.27 million shares or 4.62% more from 179.01 million shares in 2016Q3 were reported.
Nichols Pratt Advisers Llp Ma reported 7,506 shares. Stone Run Capital Ltd Company reported 3,150 shares. Azimuth Mgmt Ltd Llc, Michigan-based fund reported 14,508 shares. Williams Jones Associates Llc reported 0.06% of its portfolio in Air Products & Chemicals, Inc. (NYSE:APD). Amica Pension Fund Board Of Trustees stated it has 5,959 shares. Blackrock Advsrs Ltd Liability owns 1.28 million shares for 0.19% of their portfolio. Barbara Oil holds 0.45% of its portfolio in Air Products & Chemicals, Inc. (NYSE:APD) for 4,000 shares. Moreover, Da Davidson & Company has 0.01% invested in Air Products & Chemicals, Inc. (NYSE:APD) for 1,562 shares. Livforsakringsbolaget Skandia Omsesidigt invested in 13,942 shares. Dimensional Fund Ltd Partnership stated it has 501,412 shares or 0.04% of all its holdings. 106 are owned by Focused Wealth Inc. British Columbia Inv Mgmt stated it has 108,958 shares or 0.14% of all its holdings. Drexel Morgan And Co has 0.48% invested in Air Products & Chemicals, Inc. (NYSE:APD) for 2,810 shares. 740 are held by Global X Management Llc. Hudock Capital Group Ltd Com reported 0.16% in Air Products & Chemicals, Inc. (NYSE:APD).

Air Products & Chemicals, Inc. (NYSE:APD) Ratings Coverage

Among 16 analysts covering Air Products & Chemicals (NYSE:APD), 8 have Buy rating, 1 Sell and 7 Hold. Therefore 50% are positive. Air Products & Chemicals had 29 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was reinitiated by Credit Suisse on Thursday, March 24 with “Outperform”. The firm has “Neutral” rating given on Monday, April 18 by Citigroup. JP Morgan upgraded it to “Overweight” rating and $160 target in Friday, August 12 report. On Monday, November 21 the stock rating was upgraded by Argus Research to “Buy”. The stock has “Neutral” rating by Robert W. Baird on Monday, January 30. The rating was upgraded by Monness Crespi & Hardt to “Buy” on Wednesday, December 21. Zacks upgraded the shares of APD in report on Monday, August 24 to “Hold” rating. The stock of Air Products & Chemicals, Inc. (NYSE:APD) has “Buy” rating given on Monday, December 5 by Citigroup. On Monday, January 11 the stock rating was upgraded by KeyBanc Capital Markets to “Overweight”. Jefferies maintained the stock with “Hold” rating in Thursday, July 13 report. Below is a list of Air Products & Chemicals, Inc. (NYSE:APD) latest ratings and price target changes.

13/07/2017 Broker: Jefferies Rating: Hold New Target: $155.0000 Maintain
14/02/2017 Broker: Evercore Rating: Sell New Target: $131.00 Initiates Coverage On
30/01/2017 Broker: Robert W. Baird Old Rating: Outperform New Rating: Neutral Old Target: $146 New Target: $140 Downgrade

It closed at $145.55 lastly. It is down 9.23% since July 18, 2016 and is uptrending. It has underperformed by 7.47% the S&P500.

Air Products and Chemicals, Inc., is an industrial gases company. The company has market cap of $31.69 billion. 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. It has a 24.29 P/E ratio. The Firm is also a supplier of liquefied natural gas process technology and equipment.

More important recent Air Products & Chemicals, Inc. (NYSE:APD) news were published by: Nasdaq.com which released: “Air Products and Chemicals, Inc. (APD) Ex-Dividend Date Scheduled for June 29 …” on June 28, 2017, also Zacks.com published article titled: “Air Products to Support Capacity Expansion Project of SMIC”, Zacks.com published: “Air Products’ Oxy-fuel Burner to Enable Full Production” on July 13, 2017. More interesting news about Air Products & Chemicals, Inc. (NYSE:APD) was released by: Prnewswire.com and their article: “Pre-Market Technical Pulse on Chemicals Stocks — Air Products and Chemicals …” with publication date: July 14, 2017.

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