AIR LIQUIDE/ADR (OTCMKTS:AIQUY) Receives Average Recommendation of “Buy” from Analysts

Shares of AIR LIQUIDE/ADR (OTCMKTS:AIQUY) have been assigned an average rating of “Buy” from the six analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $31.00.

Several research firms have recently commented on AIQUY. Credit Suisse Group raised shares of AIR LIQUIDE/ADR from an “underperform” rating to an “outperform” rating in a research note on Tuesday, August 6th. Zacks Investment Research raised shares of AIR LIQUIDE/ADR from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a research note on Wednesday, July 10th. Finally, Citigroup raised shares of AIR LIQUIDE/ADR from a “sell” rating to a “neutral” rating in a research note on Tuesday, September 10th.

Shares of OTCMKTS AIQUY traded up $0.40 during mid-day trading on Tuesday, hitting $28.16. 22,812 shares of the stock were exchanged, compared to its average volume of 34,525. The company has a market cap of $60.32 billion, a P/E ratio of 24.27, a PEG ratio of 1.18 and a beta of 0.79. The stock’s fifty day simple moving average is $27.48 and its two-hundred day simple moving average is $26.54. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.55 and a current ratio of 0.73. AIR LIQUIDE/ADR has a twelve month low of $23.18 and a twelve month high of $28.34.

A number of hedge funds have recently modified their holdings of the business. Advisor Partners LLC increased its stake in shares of AIR LIQUIDE/ADR by 3.0% during the 2nd quarter. Advisor Partners LLC now owns 15,627 shares of the basic materials company’s stock worth $438,000 after purchasing an additional 450 shares during the last quarter. Boston Common Asset Management LLC increased its stake in shares of AIR LIQUIDE/ADR by 2.0% during the 2nd quarter. Boston Common Asset Management LLC now owns 179,240 shares of the basic materials company’s stock worth $5,023,000 after purchasing an additional 3,589 shares during the last quarter. Finally, Parametric Portfolio Associates LLC increased its stake in shares of AIR LIQUIDE/ADR by 1.3% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,692,376 shares of the basic materials company’s stock worth $47,268,000 after purchasing an additional 21,798 shares during the last quarter. Hedge funds and other institutional investors own 0.10% of the company’s stock.

About AIR LIQUIDE/ADR

L'Air Liquide SA provides gases, technologies, and services for industrial and health sectors in Europe, the Americas, the Asia Pacific, and the Middle East and Africa. Its Gas & Services segment offers oxygen, nitrogen, argon, hydrogen, and carbon monoxide to the metals, chemicals, refining, and energy industries; and gas solutions, such as industrial gases, welding equipment, application and safety equipment, and related services to materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and professionals and retail markets.

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Analyst Recommendations for AIR LIQUIDE/ADR (OTCMKTS:AIQUY)

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