Berenberg Bank Increases L’Air Liquide (OTCMKTS:AIQUY) Price Target to €160.00

L’Air Liquide (OTCMKTS:AIQUY – Get Rating) had its target price upped by analysts at Berenberg Bank from €152.00 ($163.44) to €160.00 ($172.04) in a report issued on Friday, The Fly reports.

A number of other research firms also recently commented on AIQUY. Morgan Stanley raised their target price on L’Air Liquide from €152.00 ($163.44) to €155.00 ($166.67) in a report on Friday, February 18th. Kepler Capital Markets cut L’Air Liquide from a “buy” rating to a “hold” rating in a research report on Wednesday, March 30th. The Goldman Sachs Group upgraded L’Air Liquide from a “neutral” rating to a “buy” rating in a report on Wednesday, January 26th. UBS Group lifted their price target on L’Air Liquide from €173.00 ($186.02) to €177.00 ($190.32) and gave the company a “buy” rating in a report on Tuesday, April 5th. Finally, Zacks Investment Research cut L’Air Liquide from a “buy” rating to a “hold” rating in a report on Thursday, January 20th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $142.60.

Shares of AIQUY traded down $0.28 during mid-day trading on Friday, reaching $34.83. The company’s stock had a trading volume of 93,051 shares, compared to its average volume of 188,265. The company has a current ratio of 0.89, a quick ratio of 0.70 and a debt-to-equity ratio of 0.48. L’Air Liquide has a 12-month low of $29.82 and a 12-month high of $36.29. The company’s 50 day moving average is $33.75 and its 200 day moving average is $34.01.

Several hedge funds and other institutional investors have recently modified their holdings of AIQUY. Ancora Advisors LLC increased its holdings in shares of L’Air Liquide by 276.7% during the third quarter. Ancora Advisors LLC now owns 1,228 shares of the basic materials company’s stock valued at $39,000 after purchasing an additional 902 shares during the period. Mar Vista Investment Partners LLC increased its position in L’Air Liquide by 69.9% in the 3rd quarter. Mar Vista Investment Partners LLC now owns 1,415 shares of the basic materials company’s stock worth $45,000 after buying an additional 582 shares during the period. Private Capital Group LLC increased its position in L’Air Liquide by 14.9% in the 4th quarter. Private Capital Group LLC now owns 3,999 shares of the basic materials company’s stock worth $139,000 after buying an additional 520 shares during the period. PNC Financial Services Group Inc. increased its position in L’Air Liquide by 21.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 11,546 shares of the basic materials company’s stock worth $371,000 after buying an additional 2,078 shares during the period. Finally, Boston Private Wealth LLC increased its position in L’Air Liquide by 74.6% in the 4th quarter. Boston Private Wealth LLC now owns 15,794 shares of the basic materials company’s stock worth $551,000 after buying an additional 6,748 shares during the period. Institutional investors and hedge funds own 0.02% of the company’s stock.

L’Air Liquide Company Profile (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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