Shares of L’Air Liquide S.A. (OTCMKTS:AIQUY – Get Rating) have been assigned an average recommendation of “Hold” from the nine ratings firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $148.36.
Several analysts have recently weighed in on the stock. Barclays dropped their price target on shares of L’Air Liquide from €164.00 ($174.47) to €163.00 ($173.40) and set an “overweight” rating for the company in a research note on Friday, November 11th. The Goldman Sachs Group lowered shares of L’Air Liquide from a “conviction-buy” rating to a “neutral” rating in a research note on Thursday, September 1st. JPMorgan Chase & Co. downgraded shares of L’Air Liquide from an “overweight” rating to a “neutral” rating in a report on Wednesday, December 7th. UBS Group boosted their price objective on shares of L’Air Liquide from €144.00 ($153.19) to €148.00 ($157.45) in a report on Wednesday, October 26th. Finally, Jefferies Financial Group lowered shares of L’Air Liquide from a “buy” rating to an “underperform” rating in a research report on Friday, December 9th.
Hedge Funds Weigh In On L’Air Liquide
A number of large investors have recently bought and sold shares of AIQUY. OLD National Bancorp IN acquired a new stake in L’Air Liquide in the third quarter valued at about $242,000. PNC Financial Services Group Inc. increased its holdings in L’Air Liquide by 4.7% in the first quarter. PNC Financial Services Group Inc. now owns 12,239 shares of the basic materials company’s stock worth $433,000 after purchasing an additional 546 shares in the last quarter. Captrust Financial Advisors increased its holdings in L’Air Liquide by 44.8% in the first quarter. Captrust Financial Advisors now owns 14,588 shares of the basic materials company’s stock worth $510,000 after purchasing an additional 4,512 shares in the last quarter. Hancock Whitney Corp increased its holdings in L’Air Liquide by 11.6% in the second quarter. Hancock Whitney Corp now owns 20,067 shares of the basic materials company’s stock worth $538,000 after purchasing an additional 2,089 shares in the last quarter. Finally, SVB Wealth LLC increased its holdings in L’Air Liquide by 12.2% in the third quarter. SVB Wealth LLC now owns 30,804 shares of the basic materials company’s stock worth $700,000 after purchasing an additional 3,361 shares in the last quarter. Institutional investors and hedge funds own 0.01% of the company’s stock.
L’Air Liquide Stock Performance
Shares of OTCMKTS:AIQUY opened at $28.29 on Friday. The firm has a 50 day moving average of $27.38 and a 200 day moving average of $26.46. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.88 and a quick ratio of 0.67. L’Air Liquide has a 52 week low of $22.09 and a 52 week high of $32.99.
About L’Air Liquide
L’Air Liquide SA provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company’s Gas & Services segment offers oxygen, nitrogen, argon, hydrogen, and carbon monoxide to the metals, chemicals, refining, and energy sectors; and gases, application equipment, and associated services to the materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors.
Further Reading
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