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Air Products and Chemicals (APD) Stock Forecast & Price Target

$262.91
-3.68 (-1.38%)
(As of 04:31 PM ET)

Air Products and Chemicals - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 16 Wall Street analysts who have issued ratings for Air Products and Chemicals in the last 12 months, the stock has a consensus rating of "Hold." Out of the 16 analysts, 1 has given a sell rating, 7 have given a hold rating, and 8 have given a buy rating for APD.

Consensus Price Target

$291.43
10.85% Upside
High Forecast$320.00
Average Forecast$291.43
Low Forecast$240.00

According to the 16 analysts' twelve-month price targets for Air Products and Chemicals, the average price target is $291.43. The highest price target for APD is $320.00, while the lowest price target for APD is $240.00. The average price target represents a forecasted upside of 10.85% from the current price of $262.91.

TypeCurrent Forecast
7/20/23 to 7/19/24
1 Month Ago
6/20/23 to 6/19/24
3 Months Ago
4/21/23 to 4/20/24
1 Year Ago
7/20/22 to 7/20/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
8 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
7 Hold rating(s)
6 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$291.43$287.29$276.36$316.80
Forecasted Upside10.85% Upside11.50% Upside18.35% Upside12.15% Upside
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APD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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APD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Air Products and Chemicals Stock vs. The Competition

TypeAir Products and ChemicalsBasic Materials CompaniesS&P 500
Consensus Rating Score
2.44
2.63
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside10.88% Upside384.93% Upside9.96% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/12/2024Citigroup
3 of 5 stars
 Boost TargetBuy ➝ Buy$280.00 ➝ $305.00+16.72%
7/11/2024BMO Capital Markets
3 of 5 stars
 Boost TargetOutperform ➝ Outperform$294.00 ➝ $300.00+16.28%
7/9/2024UBS Group
4 of 5 stars
 Boost TargetNeutral ➝ Neutral$257.00 ➝ $268.00+5.21%
6/10/2024Bank of America
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 Boost TargetBuy ➝ Buy$275.00 ➝ $312.00+11.47%
6/10/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$260.00 ➝ $310.00+10.76%
6/10/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$245.00 ➝ $290.00+3.29%
6/5/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$240.00 ➝ $280.00+3.59%
5/1/2024TD Cowen
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 Boost TargetBuy ➝ Buy$305.00 ➝ $320.00+33.66%
5/1/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$270.00 ➝ $260.00+9.77%
5/1/2024Mizuho
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 Lower TargetBuy ➝ Buy$295.00 ➝ $286.00+20.93%
3/1/2024Wolfe Research
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 Initiated CoverageOutperform$279.00+19.21%
2/26/2024Argus
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 DowngradeBuy ➝ Hold
2/6/2024Seaport Res Ptn
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M. Harrison
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DowngradeBuy ➝ Neutral
2/5/2024Wells Fargo & Company
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 DowngradeOverweight ➝ Equal Weight
11/17/2023Redburn Atlantic
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 DowngradeBuy ➝ Sell$240.00-12.28%
9/26/2023Jefferies Financial Group
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 Boost TargetHold ➝ Hold$300.00 ➝ $310.00+7.04%
3/13/2023Vertical Research
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 UpgradeHold ➝ Buy
3/7/2023Evercore ISI
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 Boost TargetIn-Line$295.00 ➝ $305.00+4.67%
1/12/2023Societe Generale
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 DowngradeBuy ➝ Hold$340.00+8.71%
11/9/2022The Goldman Sachs Group
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 Boost TargetBuy$295.00 ➝ $325.00+14.34%
10/12/2022Berenberg Bank
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 Lower TargetHold$290.00 ➝ $260.00+12.45%
7/19/2022Cowen
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 Lower TargetOutperform$345.00 ➝ $305.00+34.38%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 05:30 PM ET.

APD Forecast - Frequently Asked Questions

What is Air Products and Chemicals' forecast for 2024?

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Air Products and Chemicals is $291.43, with a high forecast of $320.00 and a low forecast of $240.00.

Should I buy or sell Air Products and Chemicals stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Products and Chemicals in the last year. There is currently 1 sell rating, 7 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" APD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APD, but not buy additional shares or sell existing shares.

Does Air Products and Chemicals's stock price have much upside?

According to analysts, Air Products and Chemicals's stock has a predicted upside of 11.73% based on their 12-month stock forecasts.

What analysts cover Air Products and Chemicals?

Air Products and Chemicals has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Citigroup, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Mizuho, Morgan Stanley, TD Cowen, and UBS Group in the past 90 days.

Do Wall Street analysts like Air Products and Chemicals more than its competitors?

Analysts like Air Products and Chemicals less than other "basic materials" companies. The consensus rating for Air Products and Chemicals is Hold while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how APD compares to other companies.


This page (NYSE:APD) was last updated on 7/19/2024 by MarketBeat.com Staff

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