BofA Securities slashes price target on Air Products & Chemicals Inc [APD] – find out why.

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Air Products & Chemicals Inc [NYSE: APD] gained 0.39% or 1.07 points to close at $272.16 with a heavy trading volume of 3669386 shares.

The daily chart for APD points out that the company has recorded -14.49% loss over the past six months.

If we look at the average trading volume of 1.39M shares, APD reached to a volume of 3669386 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Air Products & Chemicals Inc [APD]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for APD shares is $334.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on APD stock is a recommendation set at 1.96. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for Air Products & Chemicals Inc shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on April 15, 2025. While these analysts kept the previous recommendation, JP Morgan dropped their target price from $345 to $320. The new note on the price target was released on February 07, 2025, representing the official price target for Air Products & Chemicals Inc stock.

The Average True Range (ATR) for Air Products & Chemicals Inc is set at 9.42, with the Price to Sales ratio for APD stock in the period of the last 12 months amounting to 5.03. The Price to Book ratio for the last quarter was 3.63, with the Price to Cash per share for the same quarter was set at 8.82.

Trading performance analysis for APD stock

Air Products & Chemicals Inc [APD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.23. With this latest performance, APD shares dropped by -7.26% in over the last four-week period, additionally sinking by -14.49% over the last 6 months – not to mention a rise of 14.30% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for APD stock in for the last two-week period is set at 47.93, with the RSI for the last a single of trading hit 53.27, and the three-weeks RSI is set at 45.49 for Air Products & Chemicals Inc [APD]. The present Moving Average for the last 50 days of trading for this stock 287.46, while it was recorded at 270.15 for the last single week of trading, and 297.34 for the last 200 days.

Air Products & Chemicals Inc [APD]: A deeper dive into fundamental analysis

Air Products & Chemicals Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.96 and a Current Ratio set at 1.11.

Air Products & Chemicals Inc [APD]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for APD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Air Products & Chemicals Inc go to 6.85%.

An analysis of Institutional ownership at Air Products & Chemicals Inc [APD]

There are presently around $91.13%, or 91.49%% of APD stock, in the hands of institutional investors. The top three institutional holders of APD stocks are: VANGUARD GROUP INC with ownership of 21.08 million shares, which is approximately 9.4742%. BLACKROCK INC., holding 16.77 million shares of the stock with an approximate value of $$4.33 billion in APD stocks shares; and BLACKROCK INC., currently with $$3.85 billion in APD stock with ownership which is approximately 6.7116%.