Wells Fargo (NYSE:WFC) analyst Michael Sison maintained a Buy rating on Air Products And Chemicals on Tuesday, setting a price target of $0, which is approximately 100.00% below the present share price of $265.13.
Sison expects Air Products And Chemicals to post earnings per share (EPS) of $2.16 for the third quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Air Products and Chemicals (NYSE:APD), with an average price target of $273.11.
The analysts price targets range from a high of $300 to a low of $225.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $2.22 billion and a net profit of $543.4 million. The company's market cap is $59.58 billion.
According to TipRanks.com, Wells Fargo analyst Michael Sison is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.6% and a 62.91% 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.