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How Analysts View Air Products and Chemicals after Fiscal 4Q17

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Analysts’ consensus on Air Products and Chemicals

After the fiscal 4Q17 earnings reported by Air Products and Chemicals (APD), 20 analysts issued their recommendations on the stock. Among them, 65% recommended the stock as a “buy,” 35% of the analysts recommended a “hold,” and none of the analysts recommended the stock as a “sell.”

The analysts’ consensus indicates the 12-month target price of APD to be $167.00, implying a return potential of 3.8% over the closing price of $160.88 on October 26, 2017.

Majority of the analysts recommended a “buy”

After posting better-than-expected fiscal 4Q17 earnings, Air Products and Chemicals (APD) provided its fiscal earnings guidelines. 

APD expects its adjusted EPS for fiscal 2018 to be $6.85–$7.05, up 9.0%–12.0% over fiscal 2017. As a result, the majority of these analysts recommend the stock as a “buy.”

Individual brokerage recommendations and views

  • Deutsche Bank (DB) recommends a target price of $180.00 for APD, which implies a potential return of 11.9% from its closing price of $160.88 on October 26, 2017.
  • Barclays (BCS) recommended APD with a target price of $180.00, which implies a potential return of 11.9% from its closing price on October 26, 2017.
  • Credit Suisse (CS) rated APD as “outperform” with a target price of $173.00, implying a return potential of 7.5% from its closing price of $160.88 on October 26, 2017

Investors looking for exposure to APD can invest in the Global X Top Guru Holdings Index ETF (GURU), which invested 1.9% of its portfolio in APD on October 26, 2017.

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