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

$275.82

+2.40 (+0.88%)

(As of 08/21/2024 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

Hold
Based on 17 Analyst Ratings

Based on 17 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 17 analysts, 1 has given a sell rating, 7 have given a hold rating, and 9 have given a buy rating for APD.

Consensus Price Target

$297.40
7.82% Upside

High Forecast	$340.00
Average Forecast	$297.40
Low Forecast	$240.00

According to the 17 analysts' twelve-month price targets for Air Products and Chemicals, the average price target is $297.40. The highest price target for APD is $340.00, while the lowest price target for APD is $240.00. The average price target represents a forecasted upside of 7.82% from the current price of $275.82.

Type	Current Forecast 8/23/23 to 8/22/24	1 Month Ago 7/24/23 to 7/23/24	3 Months Ago 5/25/23 to 5/24/24	1 Year Ago 8/23/22 to 8/23/23
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	9 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)
Hold	7 Hold rating(s)	8 Hold rating(s)	7 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$297.40	$289.29	$273.77	$318.93
Forecasted Upside	7.82% Upside	11.55% Upside	14.34% Upside	12.13% 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.

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.

Air Products and Chemicals Stock vs. The Competition

Type	Air Products and Chemicals	Basic Materials Companies	S&P 500
Consensus Rating Score	2.47	2.68	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	7.82% Upside	187.23% Upside	8.75% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/20/2024	UBS Group 4 of 5 stars		Boost Target	Neutral ➝ Neutral	$276.00 ➝ $281.00	+2.49%
8/5/2024	Barclays 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$290.00 ➝ $295.00	+5.86%
8/5/2024	BMO Capital Markets 4 of 5 stars		Boost Target	Outperform ➝ Outperform	$300.00 ➝ $323.00	+14.64%
8/5/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$291.00 ➝ $330.00	+17.13%
8/2/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$300.00 ➝ $340.00	+21.35%
8/2/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Sison Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$240.00 ➝ $280.00	-0.06%
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7/22/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$310.00 ➝ $280.00	+7.80%
7/12/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$280.00 ➝ $305.00	+16.72%
6/10/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$275.00 ➝ $312.00	+11.47%
6/5/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$240.00 ➝ $280.00	+3.59%
5/1/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$305.00 ➝ $320.00	+33.66%
5/1/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$295.00 ➝ $286.00	+20.93%
3/1/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$279.00	+19.21%
2/26/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
2/6/2024	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Harrison Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
11/17/2023	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Sell	$240.00	-12.28%
9/26/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$300.00 ➝ $310.00	+7.04%
3/13/2023	Vertical Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
3/7/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	In-Line	$295.00 ➝ $305.00	+4.67%
1/12/2023	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$340.00	+8.71%
10/12/2022	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$290.00 ➝ $260.00	+12.45%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:58 AM ET.

APD Forecast - Frequently Asked Questions

What is Air Products and Chemicals' forecast for 2024?: According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Air Products and Chemicals is $297.40, with a high forecast of $340.00 and a low forecast of $240.00.
Should I buy or sell Air Products and Chemicals stock right now?: 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Products and Chemicals in the last twelve months. There is currently 1 sell rating, 7 hold ratings and 9 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 10.94% based on their 12-month stock forecasts.
Has Air Products and Chemicals been downgraded by Wall Street analysts recently?: Over the previous 90 days, Air Products and Chemicals's stock had 1 downgrade by analysts.
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., Morgan Stanley, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company 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.