BMO Capital analyst John McNulty maintained a Buy rating on Air Products and Chemicals (NYSE:APD) on Friday, setting a price target of $338, which is approximately 9.28% above the present share price of $309.31.
McNulty expects Air Products and Chemicals to post earnings per share (EPS) of $2.75 for the fourth quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Air Products and Chemicals, with an average price target of $319.43.
The analysts price targets range from a high of $340 to a low of $300.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $2.84 billion and a net profit of $616.7 million. The company's market cap is $68.47 billion.
According to TipRanks.com, BMO Capital analyst John McNulty is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.6% and a 65.92% 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.