AIR LIQUIDE/ADR (OTCMKTS:AIQUY) Receives New Coverage from Analysts at Atlantic Securities

Atlantic Securities started coverage on shares of AIR LIQUIDE/ADR (OTCMKTS:AIQUY) in a research report report published on Monday, The Fly reports. The brokerage issued a neutral rating on the basic materials company’s stock.

A number of other research firms also recently commented on AIQUY. ValuEngine downgraded shares of AIR LIQUIDE/ADR from a hold rating to a sell rating in a research report on Friday, November 1st. Citigroup raised shares of AIR LIQUIDE/ADR from a sell rating to a neutral rating in a research report on Tuesday, September 10th. Zacks Investment Research downgraded shares of AIR LIQUIDE/ADR from a buy rating to a hold rating in a research report on Wednesday, October 9th. Finally, Credit Suisse Group raised shares of AIR LIQUIDE/ADR from an underperform rating to an outperform rating in a research report on Tuesday, August 6th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. AIR LIQUIDE/ADR currently has a consensus rating of Hold and an average price target of $32.00.

OTCMKTS:AIQUY traded up $0.22 during trading hours on Monday, reaching $26.98. The company had a trading volume of 30,885 shares, compared to its average volume of 46,612. The company has a current ratio of 0.73, a quick ratio of 0.55 and a debt-to-equity ratio of 0.68. AIR LIQUIDE/ADR has a 52 week low of $21.07 and a 52 week high of $27.09. The firm has a market cap of $63.06 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 1.84 and a beta of 0.79. The firm’s 50 day moving average price is $26.44 and its 200-day moving average price is $26.90.

Several hedge funds have recently modified their holdings of AIQUY. Advisor Partners LLC grew its position 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 valued at $438,000 after acquiring an additional 450 shares during the period. Boston Common Asset Management LLC grew its position 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 valued at $5,023,000 after acquiring an additional 3,589 shares during the period. Parametric Portfolio Associates LLC grew its position 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 valued at $47,268,000 after acquiring an additional 21,798 shares during the period. Scout Investments Inc. grew its position in shares of AIR LIQUIDE/ADR by 6.3% during the 3rd quarter. Scout Investments Inc. now owns 95,191 shares of the basic materials company’s stock valued at $2,711,000 after acquiring an additional 5,657 shares during the period. Finally, Quadrant Capital Group LLC grew its position in shares of AIR LIQUIDE/ADR by 5.0% during the 3rd quarter. Quadrant Capital Group LLC now owns 21,062 shares of the basic materials company’s stock valued at $584,000 after acquiring an additional 1,009 shares during the period. 0.09% of the stock is owned by hedge funds and other institutional investors.

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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