L’Air Liquide S.A. (OTCMKTS:AIQUY) Given Average Rating of “Buy” by Brokerages

L’Air Liquide S.A. (OTCMKTS:AIQUY) has been assigned a consensus recommendation of “Buy” from the eleven analysts that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $110.50.

Several research analysts have recently commented on AIQUY shares. Exane BNP Paribas raised shares of L’Air Liquide from a “neutral” rating to an “outperform” rating and set a €180.00 ($204.55) price target for the company in a report on Tuesday, December 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of L’Air Liquide in a research note on Friday, November 19th. Credit Suisse Group reissued an “outperform” rating on shares of L’Air Liquide in a research note on Monday, October 25th. HSBC lowered shares of L’Air Liquide from a “buy” rating to a “hold” rating in a research note on Wednesday, December 8th. Finally, UBS Group reaffirmed a “buy” rating on shares of L’Air Liquide in a research note on Wednesday, October 13th.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Scout Investments Inc. bought a new stake in shares of L’Air Liquide in the 3rd quarter worth approximately $3,167,000. PNC Financial Services Group Inc. raised its holdings in shares of L’Air Liquide by 5.4% during the second quarter. PNC Financial Services Group Inc. now owns 9,468 shares of the basic materials company’s stock valued at $332,000 after acquiring an additional 485 shares during the period. Hancock Whitney Corp raised its holdings in shares of L’Air Liquide by 8.3% during the second quarter. Hancock Whitney Corp now owns 17,268 shares of the basic materials company’s stock valued at $607,000 after acquiring an additional 1,329 shares during the period. OLD National Bancorp IN acquired a new stake in shares of L’Air Liquide during the third quarter valued at approximately $276,000. Finally, Ancora Advisors LLC raised 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 acquiring an additional 902 shares during the period. Institutional investors and hedge funds own 0.02% of the company’s stock.

Shares of OTCMKTS AIQUY traded down $0.25 during midday trading on Friday, hitting $35.38. The company’s stock had a trading volume of 282,320 shares, compared to its average volume of 237,595. L’Air Liquide has a 1-year low of $30.02 and a 1-year high of $36.29. The firm’s fifty day moving average price is $34.58 and its 200-day moving average price is $34.47. The company has a current ratio of 0.74, a quick ratio of 0.57 and a debt-to-equity ratio of 0.51.

About L’Air Liquide

Air Liquide SA engages in gas supply for large industry and health businesses. It operates through the following segments: Gas & Services, Engineering & Construction, and Global Markets & Technologies. The Gas & Services segment activities are organized by geographical areas, which determine sales policies and development projects.

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Analyst Recommendations for L'Air Liquide (OTCMKTS:AIQUY)

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