Analyst Scoreboard: 10 Ratings For Air Products & Chemicals
Portfolio Pulse from Benzinga Insights
Analysts have recently updated their ratings and price targets for Air Products & Chemicals (NYSE:APD), showing a mix of bullish and neutral stances. Over the past quarter, 10 analysts offered diverse opinions, with the latest 12-month price targets ranging from $240.00 to $295.00, averaging $265.6, down from the previous $291.00. The company, a leading industrial gas supplier, reported a revenue decline of -5.58% for the last quarter but maintains strong financial health indicators such as a 20.33% net margin and a 4.18% ROE.
May 01, 2024 | 3:02 pm
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NEUTRAL IMPACT
Air Products & Chemicals has seen a mix of analyst ratings, with an average price target reduction to $265.6 from $291. Despite a revenue decline, its strong financial health indicators like high net margin and ROE suggest resilience.
The diverse analyst ratings and the adjustment of price targets reflect a cautious but not pessimistic outlook on APD. The company's strong financial health indicators, such as its net margin and ROE, suggest it is well-positioned to navigate current challenges, potentially stabilizing its stock price in the short term. However, the recent revenue decline introduces uncertainty, justifying a neutral short-term impact score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100