Berenberg Bank analyst Anthony Manning maintained a Hold rating on Air Products and Chemicals (NYSE:APD) on Friday, setting a price target of $300, which is approximately 10.91% above the present share price of $270.49.
Manning expects Air Products and Chemicals to post earnings per share (EPS) of $2.41 for the third quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Air Products and Chemicals, with an average price target of $313.5.
The analysts price targets range from a high of $350 to a low of $269.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $2.6 billion and a net profit of $577.1 million. The company's market cap is $59.88 billion.
According to TipRanks.com, Berenberg Bank analyst Anthony Manning is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 20.0% and a 73.08% success rate.
Pennsylvania-based Air Products & Chemicals, Inc., which was founded in 1960, provides atmospheric gases, process and specialty gases. It also provides equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries. It also manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage.