Barclays Raises L’Air Liquide (OTCMKTS:AIQUY) Price Target to €187.00

L’Air Liquide (OTCMKTS:AIQUYGet Rating) had its price objective lifted by stock analysts at Barclays from €185.00 ($198.92) to €187.00 ($201.08) in a note issued to investors on Friday, The Fly reports.

AIQUY has been the topic of several other reports. Zacks Investment Research lowered L’Air Liquide from a “buy” rating to a “hold” rating in a report on Thursday, January 20th. The Goldman Sachs Group raised L’Air Liquide from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 26th. Morgan Stanley raised their price objective on L’Air Liquide from €152.00 ($163.44) to €155.00 ($166.67) in a research note on Friday, February 18th. Kepler Capital Markets lowered L’Air Liquide from a “buy” rating to a “hold” rating in a research note on Wednesday, March 30th. Finally, Berenberg Bank raised their price objective on L’Air Liquide from €152.00 ($163.44) to €160.00 ($172.04) in a research note on Friday. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $150.00.

Shares of AIQUY traded down $0.28 during trading hours on Friday, hitting $34.83. 93,051 shares of the company were exchanged, compared to its average volume of 188,265. L’Air Liquide has a fifty-two week low of $29.82 and a fifty-two week high of $36.29. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.70 and a current ratio of 0.89. The firm’s fifty day moving average is $33.75 and its 200 day moving average is $34.01.

Several hedge funds have recently made changes to their positions in AIQUY. Hancock Whitney Corp boosted its stake in shares of L’Air Liquide by 2.8% during the third quarter. Hancock Whitney Corp now owns 17,750 shares of the basic materials company’s stock valued at $570,000 after purchasing an additional 482 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of L’Air Liquide by 21.9% during the third quarter. PNC Financial Services Group Inc. now owns 11,546 shares of the basic materials company’s stock valued at $371,000 after purchasing an additional 2,078 shares in the last quarter. Mar Vista Investment Partners LLC lifted its stake in shares of L’Air Liquide by 69.9% in the third quarter. Mar Vista Investment Partners LLC now owns 1,415 shares of the basic materials company’s stock worth $45,000 after acquiring an additional 582 shares during the period. Ancora Advisors LLC lifted its stake in shares of L’Air Liquide by 276.7% in the third quarter. Ancora Advisors LLC now owns 1,228 shares of the basic materials company’s stock worth $39,000 after acquiring an additional 902 shares during the period. Finally, Scout Investments Inc. lifted its stake in shares of L’Air Liquide by 0.7% in the fourth quarter. Scout Investments Inc. now owns 99,192 shares of the basic materials company’s stock worth $3,459,000 after acquiring an additional 690 shares during the period. 0.02% of the stock is currently owned by hedge funds and other institutional investors.

About L’Air Liquide (Get Rating)

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.

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