Evercore ISI analyst Stephen Richardson reiterated a Buy rating on Air Products and Chemicals (NYSE:APD) on Monday, setting a price target of $330, which is approximately 10.92% above the present share price of $297.52.
Richardson 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 $323.71.
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 $65.86 billion.
According to TipRanks.com, Evercore ISI analyst Stephen Richardson is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 1.6% and a 48.94% 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.