Credit Suisse (SIX:CSGN) analyst Chris Parkinson maintained a Buy rating on Air Products And Chemicals on Friday, setting a price target of $317, which is approximately 11.07% above the present share price of $285.4.
Parkinson expects Air Products And Chemicals to post earnings per share (EPS) of $2.02 for the third quarter of 2020.
The current consensus among 14 TipRanks analysts is for a Strong Buy rating of shares in Air Products and Chemicals (NYSE:APD), with an average price target of $314.83.
The analysts price targets range from a high of $363 to a low of $225.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $2.07 billion and a net profit of $539.2 million. The company's market cap is $63.69 billion.
According to TipRanks.com, Credit Suisse analyst Chris Parkinson is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 4.4% and a 61.76% success rate.
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; and Corporate and Other. The Industrial Gases-America, EMEA and Asia segment markets and produces atmospheric gases such as oxygen, nitrogen, argon, and rare gases; process gases such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas, and specialty gases; and equipment for the production and processing of gases such as air separation units and non-cryogenic generators. The Industrial Gases-Global segment comprises cryogenic and gas processing equipment for air separation. The Corporate and Other segment includes LNG equipment and helium storage and distribution sale of equipment businesses and corporate support functions. The company was founded by Leonard Parker Pool (NASDAQ:POOL) on September 30, 1940 and is headquartered in Allentown, PA.