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Air Products and Chemicals (APD) Stock Forecast & Price Target

Air Products and Chemicals logo
$331.83 +2.95 (+0.90%)
(As of 11/22/2024 ET)

Air Products and Chemicals - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
7
Buy
12

Based on 19 Wall Street analysts who have issued ratings for Air Products and Chemicals in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 19 analysts, 7 have given a hold rating, and 12 have given a buy rating for APD.

Consensus Price Target

$331.53
-0.09% Downside
According to the 19 analysts' twelve-month price targets for Air Products and Chemicals, the average price target is $331.53. The highest price target for APD is $375.00, while the lowest price target for APD is $279.00. The average price target represents a forecasted downside of -0.09% from the current price of $331.83.
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APD Analyst Ratings Over Time

TypeCurrent Forecast
11/24/23 to 11/23/24
1 Month Ago
10/25/23 to 10/24/24
3 Months Ago
8/26/23 to 8/25/24
1 Year Ago
11/24/22 to 11/24/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
12 Buy rating(s)
11 Buy rating(s)
9 Buy rating(s)
7 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
7 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$331.53$320.82$297.40$320.31
Forecasted Upside-0.09% Downside-0.37% Downside7.81% Upside16.65% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Moderate Buy

APD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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APD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Air Products and Chemicals Stock vs. The Competition

TypeAir Products and ChemicalsBasic Materials CompaniesS&P 500
Consensus Rating Score
2.63
2.76
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-0.09% Downside117.21% Upside7.66% Upside
News Sentiment Rating
Positive News

See Recent APD News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/18/2024UBS Group
4 of 5 stars
J. Spector
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UpgradeNeutral ➝ Buy$375.00+18.26%
11/14/2024BMO Capital Markets
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$323.00 ➝ $350.00+11.23%
11/11/2024Citigroup
3 of 5 stars
 Boost TargetBuy ➝ Buy$345.00 ➝ $365.00+16.78%
11/8/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$295.00 ➝ $315.00+1.03%
11/8/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$350.00 ➝ $345.00+10.33%
10/25/2024Redburn Atlantic
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C. Isaac
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UpgradeSell ➝ Neutral$330.00+2.48%
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10/11/2024Wells Fargo & Company
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M. Sison
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Boost TargetEqual Weight ➝ Equal Weight$280.00 ➝ $330.00+4.30%
10/9/2024Mizuho
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 Boost TargetOutperform ➝ Outperform$308.00 ➝ $360.00+16.04%
10/7/2024Evercore ISI
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S. Richardson
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UpgradeIn-Line ➝ Outperform$305.00 ➝ $365.00+20.07%
10/7/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$295.00 ➝ $364.00+19.74%
10/7/2024Vertical Research
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 UpgradeHold ➝ Buy$336.00+10.53%
8/5/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$291.00 ➝ $330.00+17.13%
7/22/2024Deutsche Bank Aktiengesellschaft
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 DowngradeBuy ➝ Hold$310.00 ➝ $280.00+7.80%
6/10/2024Bank of America
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 Boost TargetBuy ➝ Buy$275.00 ➝ $312.00+11.47%
6/5/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$240.00 ➝ $280.00+3.59%
5/1/2024TD Cowen
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 Boost TargetBuy ➝ Buy$305.00 ➝ $320.00+33.66%
3/1/2024Wolfe Research
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 Initiated CoverageOutperform$279.00+19.21%
2/26/2024Argus
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 DowngradeBuy ➝ Hold
2/6/2024Seaport Res Ptn
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M. Harrison
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DowngradeBuy ➝ Neutral
1/12/2023Societe Generale
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 DowngradeBuy ➝ Hold$340.00+8.71%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:01 PM ET.


Should I Buy Air Products and Chemicals Stock? APD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 22, 2024. Please send any questions or comments about these Air Products and Chemicals pros and cons to contact@marketbeat.com.

Air Products and Chemicals
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Air Products and Chemicals, Inc.:

  • Recent upgrades from multiple analysts, including a target price increase to $375.00, indicate strong market confidence in the company's growth potential.
  • The stock has a current price around $331.53, which is close to the consensus target, suggesting it may be undervalued compared to its potential.
  • Air Products and Chemicals, Inc. has received a "Moderate Buy" consensus rating from analysts, reflecting a positive outlook on its performance.
  • Analysts have noted the company's strong position in the atmospheric and specialty gases market, which is expected to grow due to increasing industrial demand.
  • Recent reports highlight the company's strategic initiatives and investments in expanding its service offerings, which could enhance revenue streams.

Air Products and Chemicals
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Air Products and Chemicals, Inc. for these reasons:

  • Some analysts have downgraded their ratings, with Deutsche Bank cutting its target price to $280.00, indicating potential concerns about future performance.
  • The stock has experienced volatility, with a one-year low of $212.24, suggesting that it may be subject to significant price fluctuations.
  • Market conditions, including rising interest rates and inflation, could impact the company's operational costs and profitability.
  • Increased competition in the gases market may pressure margins and limit growth opportunities for Air Products and Chemicals, Inc.
  • Analysts have expressed caution regarding the company's ability to maintain its growth trajectory amid changing market dynamics.

APD Forecast - Frequently Asked Questions

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Air Products and Chemicals is $331.53, with a high forecast of $375.00 and a low forecast of $279.00.

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Air Products and Chemicals in the last year. There are currently 7 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" APD shares.

According to analysts, Air Products and Chemicals's stock has a predicted downside of -0.09% based on their 12-month stock forecasts.

Over the previous 90 days, Air Products and Chemicals's stock had 5 upgrades by analysts.

Air Products and Chemicals has been rated by research analysts at Barclays, BMO Capital Markets, Citigroup, Evercore ISI, Jefferies Financial Group, JPMorgan Chase & Co., Mizuho, Redburn Atlantic, UBS Group, Vertical Research, and Wells Fargo & Company in the past 90 days.

Analysts like Air Products and Chemicals less than other "basic materials" companies. The consensus rating score for Air Products and Chemicals is 2.63 while the average consensus rating score for "basic materials" companies is 2.76. Learn more on how APD compares to other companies.


This page (NYSE:APD) was last updated on 11/23/2024 by MarketBeat.com Staff
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