L'Air Liquide S.A. / Analyst ratings
Price targets
Analyst ratings
6 analysts rated this company in the past 90 days. The average target price is €194.50, this is a change of +12.6% compared to the current price.
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UBS maintains Air Liquide 'Buy' - target 200 euros
ZURICH (dpa-AFX Analyser) - The Swiss major bank UBS has left its rating for Air Liquide at "Buy" with a price target of 200 euros after an analyst event. CEO Francois Jackow and CFO Jerome Pelletan have reaffirmed their goal of increasing the industrial gases group's profitability by at least 2 percentage points in 2025 and 2026 through efficiency improvements and price increases, Geoff Haire wrote in a study released Thursday./rob/edh/tav
Publication of the original study: September 17, 2025 / 6:46 p.m. / GMT
First distribution of the original study: September 17, 2025 / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Air Liquide 'Buy' - target 200 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Air Liquide with a price target of €200. In an industry study published Monday, Geoff Haire examined the positioning of US investors in the chemicals sector. The focus is on earnings risks for the 2025 fiscal year and potential drivers for an earnings recovery in the coming fiscal year. Investors appeared to doubt the industry's ability to achieve revenue growth and double-digit earnings growth in 2026./tih/gl
Publication of the original study: September 12, 2025 / 3:37 p.m. / GMT First distribution of the original study: September 12, 2025 / 3:37 p.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Air Liquide at 'Buy' - target 204 euros
NEW YORK (dpa-AFX Analyser) - Research firm Jefferies has maintained its "Buy" rating for Air Liquide with a price target of €204, following an announced acquisition in South Korea. The proposed €2.85 billion acquisition of DIG Airgas represents a significant premium to the valuation of Air Liquide and its competitors, wrote Chris Counihan in a study released Friday. However, acquisition opportunities in the consolidated industrial gas sector are limited. Overall, the transaction is expected to have a slightly positive impact on the French company's earnings./rob/edh/ajx
Publication of the original study: August 22, 2025 / 2:18 a.m. / Time zone not specified in the study. First distribution of the original study: August 22, 2025 / 2:18 a.m. / Time zone not specified in the study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Air Liquide at 'Outperform' - Target 198 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained Air Liquide's "Outperform" rating with a price target of €198 following the announcement of an acquisition. The acquisition of South Korean industry peer DIG Airgas represents a high valuation, which, however, appears justified given the country's fast-growing industrial gases sector, wrote James Hooper in a response released Friday. Since Air Liquide has had little activity in South Korea to date, significant synergies would also arise. Hooper does not see any impairment of the financing of future growth or capital gains as a result of the transaction./rob/gl/mis
Publication of the original study: August 22, 2025 / 7:35 a.m. / UTC First distribution of the original study: August 22, 2025 / 7:35 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Air Liquide at 'Outperform' - Target 198 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air Liquide at "Outperform" with a price target of €198. James Hooper continues to believe a ceasefire in the Ukraine war in the next six months is more likely than none, albeit with a 55 percent to 45 percent margin, down from 65 percent to 35 percent. Nevertheless, the prospect of a ceasefire and possible peace remains an important reason for chemical companies to continue investing. Lower energy prices would then be just as positive as increasing industrial activity. Overall, the expert prefers gas companies in his study published Wednesday, while highlighting BASF as a positive outside of these./mis/mne
Publication of the original study: August 12, 2025 / 5:15 p.m. / UTC
First distribution of the original study: August 13, 2025 / 4:01 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank Research maintains Air Liquide's 'Buy' rating
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its "Buy" rating for Air Liquide following the company's earnings release, with a price target of €190. The industrial gases group and plant engineering company had a solid first half of the year with figures largely in line with expectations, Virginie Boucher-Ferte wrote in a study released Wednesday. She particularly highlighted the strong margin improvement and the record-high order backlog.
Publication of the original study: July 30, 2025 / Time not specified in the study / CET. First distribution of the original study: July 30, 2025 / 8:08 a.m. / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein raises target for Air Liquide to 198 euros - 'Outperform'
NEW YORK (dpa-AFX Analyser) - US analyst firm Bernstein Research raised its price target for Air Liquide from €193 to €198 following its half-year results and maintained its rating at "Outperform." The industrial gas group has once again delivered strong results, and this is just the beginning, wrote James Hooper in a study released Wednesday. Growth is improving, and profit margins also have room for improvement in the long term./rob/mis/ajx
Publication of the original study: July 29, 2025 / 3:05 p.m. / UTC
First distribution of the original study: July 30, 2025 / 4:05 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Air Liquide at 'Outperform' - Target 193 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air Liquide at "Outperform" following its half-year results, with a price target of €193. In an environment burdened by cuts in corporate targets, the industrial gases group's overall solid figures are welcome, wrote James Hooper in an initial reaction released Tuesday./rob/edh/mis
Publication of the original study: July 29, 2025 / 6:21 a.m. / UTC
First distribution of the original study: July 29, 2025 / 6:21 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Air Liquide at 'Buy' - target 204 euros
NEW YORK (dpa-AFX Analyser) - The analyst firm Jefferies has maintained its rating for Air Liquide at "Buy" with a price target of 204 euros following the second-quarter figures. The gas company achieved an adjusted operating result (EBIT) that exceeded its expectations but was within the analyst consensus, wrote Chris Counihan in a study released Tuesday./rob/tih/la
Publication of the original study: July 29, 2025 / 2:04 a.m. / Time zone not specified in the study
First distribution of the original study: July 29, 2025 / 2:04 a.m. / Time zone not specified in the study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Air Liquide 'Buy' - target 205 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Air Liquide following its half-year results, with a price target of €205. Adjusted operating profit (EBIT) fell slightly short of the consensus estimate, Geoff Haire wrote in an initial reaction released Tuesday. He considers the industrial gases group's unchanged outlook for 2025 to be achievable./rob/edh/la
Publication of the original study: July 29, 2025 / 6:23 a.m. / GMT
First distribution of the original study: July 29, 2025 / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Air Liquide at 'Neutral' - Target 185 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Air Liquide at "Neutral" with a price target of €185 following its quarterly results. The industrial gases group's key figures were largely in line with expectations, wrote Chetan Udeshi in a study released Tuesday. This should prove reassuring given the very weak figures from other companies in the industry./rob/edh/tih
Publication of the original study: July 29, 2025 / 7:05 a.m. / BST
First distribution of the original study: July 29, 2025 / 7:07 a.m. / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Air Liquide at 'Outperform' - Target 193 euros
NEW YORK (dpa-AFX Analyser) - US analyst Bernstein Research has maintained its rating for Air Liquide at "outperform" with a price target of €193. Market fears regarding the industrial gases group's growth are exaggerated, wrote James Hooper in a study released Monday. His analysis also shows that Air Liquide has so far only partially exploited its potential for margin improvement./edh/mne
Publication of the original study: July 25, 2025 / 9:35 p.m. / UTC
First distribution of the original study: July 28, 2025 / 4:08 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Air Liquide 'Buy' - target 205 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Air Liquide with a price target of €205. Geoff Haire evaluated investor positioning in the European chemicals sector on Friday afternoon. Short selling declined in June, the expert noted. Johnson Matthey was particularly well represented in portfolios as a long position, followed by Umicore and Givaudan. Particularly strong short bets were placed on BASF, Wacker Chemie, and Syensqo. He himself remains positive about Air Liquide, as industrial gases are one of his favored subsectors./ag/tih
Publication of the original study: July 4, 2025 / 4:27 p.m. / GMT First distribution of the original study: July 7, 2025 / Time not specified in the study / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan lowers target for Air Liquide to 185 euros - 'Neutral'
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for Air Liquide from €190 to €185 ahead of second-quarter results, but left its rating at "Neutral." Demand is likely to have been similarly sluggish as in the first quarter of the year, Chetan Udeshi wrote in his outlook on Thursday. Exchange rates are also a headwind for the manufacturer of industrial gases./rob/bek/ag
Publication of the original study: July 2, 2025 / 7:24 PM / BST
First distribution of the original study: July 3, 2025 / 12:15 AM / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS lowers target for Air Liquide to 205 euros - 'Buy'
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has lowered its price target for Air Liquide from €210 to €205, but maintained its "Buy" rating. Analyst Geoff Haire provided an outlook on the first-half results due at the end of July on Wednesday. He expects weak organic sales growth, justifying his target adjustment. Nevertheless, he expects the operating margin (EBIT) to increase by one percentage point./rob/tih/ag
Publication of the original study: July 2, 2025 / 4:52 PM / GMT
First distribution of the original study: July 2, 2025 / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Air Liquide at 'Buy' - target 204 euros
NEW YORK (dpa-AFX Analyser) - The analyst firm Jefferies has maintained its rating for Air Liquide at "Buy" with a price target of 204 euros ahead of the second-quarter results expected on July 29. In a study released Wednesday, analyst Chris Counihan anticipates stable sales volumes but strong price growth, which is likely to have a positive impact on margins for the industrial gas producer and plant manufacturer./rob/tih/ck
Publication of the original study: July 2, 2025 / 9:39 a.m. / Time zone not specified in the study
First distribution of the original study: July 2, 2025 / 9:39 a.m. / Time zone not specified in the study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Air Liquide 'Buy' - target 210 euros
ZURICH (dpa-AFX Analyst) - Following investor feedback on its latest industry update, Swiss bank UBS has maintained Air Liquide's "Buy" rating with a price target of €210. Regarding individual stocks in the chemicals sector, the most significant debates have revolved around the French industrial gas producer and plant engineering company, Geoff Haire wrote on Friday. Investors are primarily asking how much of the margin expansion and order backlog growth has already been priced in, given the approximately 18 percent share price increase since the beginning of the year. According to Haire, the full extent of the margin expansion and order backlog growth has not yet been priced in. Furthermore, Air Liquide's low leverage allows it to distribute cash to shareholders./ck/ag
Publication of the original study: June 6, 2025 / 6:09 PM / GMT
First distribution of the original study: June 6, 2025 / 6:09 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS lowers target for Air Liquide to 210 euros - 'Buy'
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has lowered its price target for Air Liquide from €215 to €210, but maintained its "Buy" rating. 2025 and 2026 are likely to be years of low volume growth, according to Geoff Haire, who is not particularly optimistic about the chemicals sector in his assessment published Thursday. He incorporated the first-quarter results into his estimates. Due to the impact of tariffs, he cut his industry earnings expectations for the coming year to below consensus. However, gases are among his favorite subsectors, and he remains positive about Air Liquide./tih/ag
Publication of the original study: June 4, 2025 / 6:15 PM / GMT
First distribution of the original study: June 4, 2025 / 6:15 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Air Liquide at 'Outperform' - Target 185 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air Liquide at "Outperform" with a price target of €185 following an investor event with the head of the American business. The industrial gases group is focused on achieving its financial targets, Peter Clark wrote in his commentary published Friday./rob/mis/ag
Publication of the original study: May 29, 2025 / 11:08 PM / UTC
First distribution of the original study: May 29, 2025 / 11:08 PM / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Air Liquide at 'Outperform' - Target 185 euros
NEW YORK (dpa-AFX Analyser) - US analyst firm Bernstein Research has maintained its rating for Air Liquide at "Outperform" with a price target of €185. Given the current tariff turmoil, the strength of the industrial gases business model is still not fully appreciated, Peter Clark wrote in a study released Tuesday. Currently, its defensive strengths are once again in the foreground, particularly given the local nature of its activities.
Publication of the original study: May 27, 2025 / 6:03 PM / UTC. First distribution of the original study: May 27, 2025 / 6:03 PM / UTC.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Air Liquide 'Buy' - target 215 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Air Liquide with a price target of €215. Investors are currently looking for safety, which is rare in the chemicals sector, analyst Geoff Haire wrote on Friday afternoon. Meanwhile, investors are questioning potential downside risks in the cyclical sector, with BASF being the generally preferred alternative. However, economic stimulus programs and capacity cuts are not yet a reason to generally invest in cyclical stocks./tih/ag
Publication of the original study: May 23, 2025 / 4:50 PM / GMT
First distribution of the original study: May 23, 2025 / 4:50 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman raises target for Air Liquide to 190 euros - 'Buy'
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs raised its price target for Air Liquide from €183 to €190 and maintained its "Buy" rating. Analyst Georgina Fraser adjusted her estimates in her assessment published on Tuesday to reflect the gas company's recently published quarterly figures and exchange rate changes./gl/ag
Publication of the original study: April 28, 2025 / 9:13 a.m. / GST First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies lowers target for Air Liquide to 204 euros - 'Buy'
NEW YORK (dpa-AFX Analyst) - The research firm Jefferies has lowered its price target for Air Liquide from €208 to €204, but maintained its "Buy" rating. The industrial gases group excels with its pricing power, wrote analyst Chris Counihan in a report released Thursday. However, demand in the end markets and volume development remained challenging./ajx/jha/
Publication of the original study: April 24, 2025 / 10:16 AM / ET. First distribution of the original study: April 24, 2025 / 10:16 AM / ET.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Air Liquide at 'Overweight' - target 195 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Air Liquide at "Overweight" with a price target of €195. The quarterly figures were largely in line with expectations, analyst Chetan Udeshi wrote on Thursday. However, minor cuts to the consensus are possible due to currency fluctuations./ag/nas
Publication of the original study: April 24, 2025 / 7:18 a.m. / BST
First distribution of the original study: April 24, 2025 / 7:19 a.m. / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman lowers target for Air Liquide to 183 euros - 'Buy'
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs lowered its price target for Air Liquide from €194 to €183, but maintained its "Buy" rating. Analyst Georgina Fraser adjusted her estimates for the European chemicals industry on Friday in light of the deteriorating economic situation./ag/mis
Publication of the original study: April 11, 2025 / 9:31 a.m. / GST
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Air Liquide at 'Outperform' - Target 185 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air Liquide at "Outperform" with a price target of €185. Even with the temporary suspension of US import tariffs and lower import tariffs, consensus estimates for the chemicals sector are likely to decline, analyst Peter Clark wrote in a study released Thursday. However, this decline will be more moderate than previously feared. Geopolitical fluctuations are expected to continue, meaning that consumers and companies are likely to regain confidence only slowly./bek/la
Publication of the original study: April 10, 2025 / 6:19 a.m. / UTC
First distribution of the original study: April 10, 2025 / 6:19 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Air Liquide at 'Buy' - target 208 euros
NEW YORK (dpa-AFX Analyser) - The research firm Jefferies has maintained a "Buy" rating on Air Liquide with a price target of €208. While he doesn't predict a bottom yet, he currently sees the best opportunity in five years to buy structural winners, wrote analyst Raj Jilka in a report released Wednesday. Jilka is convinced of Air Liquide because industrial gases are an integral part of most manufacturing, healthcare, electronics, and industrial processes, as he emphasized./ck/ajx
Publication of the original study: April 9, 2025 / 5:44 a.m. / ET
First distribution of the original study: April 9, 2025 / 6:00 a.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies lowers target for Air Liquide to 208 euros - 'Buy'
NEW YORK (dpa-AFX Analyst) - Research firm Jefferies lowered its price target for Air Liquide from €210 to €208 ahead of first-quarter results, but maintained its "Buy" rating. Analyst Chris Counihan forecasts comparable growth of 1.7 percent in a study released Thursday. The situation on the global markets remains a challenge for the gas company, he wrote, and reduced his estimate for operating profit (EBITDA)./tih/edh
Publication of the original study: April 3, 2025 / 7:32 a.m. / ET
First distribution of the original study: April 3, 2025 / 7:32 a.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank maintains Air Liquide 'Buy' - target 190 euros
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its rating for Air Liquide at "Buy" ahead of first-quarter sales figures, with a price target of €190. Adjusted revenues for the Gas & Services division are expected to have increased by 1.1 percent, wrote analyst Virginie Boucher-Ferte in her outlook published on Tuesday./edh/ag
Publication of the original study: April 1, 2025 / Time not specified in study / CET
First distribution of the original study: April 1, 2025 / 8:02 a.m. / CET
Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Air Liquide at 'Overweight' - target 195 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained Air Liquide's "Overweight" rating with a price target of €195. Following an in-house industry conference, analyst Chetan Udeshi significantly reduced his estimates for most European chemical companies in a reassessment published Thursday. Many reported disappointing demand developments in the US and, as expected, weak European business, but relatively better trends in China. In addition to BASF, Udeshi also downgraded Arkema to "Underweight" and Victrex to "Neutral." He also advises against Lanxess, Brenntag, and DSM-Firmenich. In contrast, the expert prefers Akzo and Elementis for 2025 and Syensqo, Air Liquide, and Novonesis in the medium term./gl/edh
Publication of the original study: March 27, 2025 / 3:19 a.m. / GMT
First distribution of the original study: March 27, 2025 / 3:19 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman maintains Air Liquide 'Buy' - target 194 euros
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its "Buy" rating for Air Liquide with a price target of €194. Analyst Georgina Fraser, in an industry report released Friday, cites a chemical industry conference organized by Goldman Sachs. The US market, still characterized by optimism shortly after the presidential election at the end of last year, is performing weaker than expected due to US President Donald Trump's erratic tariff policy. In China, however, things are going better than expected, and there are signs of cautious optimism regarding Europe, also due to Germany's planned billion-euro investments in infrastructure./mis/gl
Publication of the original study: March 14, 2025 / 6:26 a.m. / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Berenberg raises target for Air Liquide to 200 euros - 'Buy'
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has raised its price target for Air Liquide from 190 to 200 euros and maintained its rating at "Buy." Air Liquide is in an enviable position, as the French company is likely the only one of the three major industrial gas producers "without a clear stock-specific bearish thesis," wrote analyst Sebastian Bray in a study published Wednesday. Regarding Air Products, he points to high costs, but sees risks primarily in energy projects and in view of falling helium prices, which are highest here. Although he likes Linde, the five-year upgrade cycle will soon be completed./ck/gl
Publication of the original study: March 11, 2025 / 8:49 PM / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS raises target for Air Liquide to 215 euros - 'Buy'
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has raised its price target for Air Liquide from €195 to €215 and maintained its "Buy" rating. Analyst Geoff Haire noted in an assessment released Tuesday that the industrial gases manufacturer's shares are among his preferred sector stocks. He believes organic annual sales growth of 4.2 percent is achievable through 2027 and also pointed to management's continued goal of improving margins. The expert raised his earnings estimates./gl/mis
Publication of the original study: March 10, 2025 / 10:18 PM / GMT First distribution of the original study: March 10, 2025 / 10:18 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Air Liquide at 'Overweight' - target 195 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Air Liquide at "Overweight" with a price target of €195. With the results for fiscal year 2024, management has reaffirmed its thesis of cost-driven margin expansion, which was one of the key reasons for its upgrade of the stock in December, analyst Chetan Udeshi wrote in a report released Thursday. The structural cost measures should also bring significant benefits beyond 2025 and 2026./tih/gl
Publication of the original study: February 26, 2025 / 6:14 PM / GMT. First distribution of the original study: February 27, 2025 / 12:15 AM / GMT.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Air Liquide 'Buy' - target 210 euros
NEW YORK (dpa-AFX Analyser) - Following an investor event, analyst Jefferies maintained its rating for Air Liquide at "Buy" with a price target of €210. The industrial gases manufacturer has shown great confidence in increasing profitability toward its self-imposed targets, analyst Chris Counihan wrote in a report released Monday. Developments across all business segments have been robust so far this year.
Publication of the original study: February 24, 2025 / 11:45 AM / ET. First distribution of the original study: February 24, 2025 / 11:45 AM / ET.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank maintains Air Liquide 'Buy' - target 190 euros
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its rating for Air Liquide at "Buy" with a price target of €190 following the company's earnings release. The highlights for the industrial gases producer and plant engineering company were the renewed increase in the margin target and the planned further margin growth, wrote analyst Virginie Boucher-Ferte in a study released Monday. She praised the strong business development, which, in addition to a record-high order backlog, also included investment decisions.
Publication of the original study: February 24, 2025 / Time not specified in the study / CET. First distribution of the original study: February 24, 2025 / 8:00 a.m. / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies raises target for Air Liquide to 210 euros - 'Buy'
NEW YORK (dpa-AFX Analyst) - Research firm Jefferies has raised its price target for Air Liquide from €190 to €210 and maintained its "Buy" rating. The industrial gases producer and plant engineering company once again succeeded in increasing margins more than expected last year through its pricing, analyst Chris Counihan wrote in a report released Monday. The rapidly deleveraging balance sheet allows for higher shareholder returns while continuing to achieve above-average revenue growth./ck/gl
Publication of the original study: February 21, 2025 / 12:53 PM / ET. First distribution of the original study: February 23, 2025 / 7:00 PM / ET.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman maintains Air Liquide 'Buy' - target 194 euros
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its "Buy" rating for Air Liquide with a price target of €194. Analyst Georgina Fraser slightly adjusted her estimates on Friday evening after a closer look at the French company's figures./ag/gl
Publication of the original study: February 21, 2025 / 6:46 p.m. / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman maintains Air Liquide 'Buy' - target 194 euros
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its "Buy" rating for Air Liquide with a price target of €194. The French company presented solid quarterly figures, analyst Georgina Fraser wrote on Friday morning. Medium-term margin targets are above consensus./ag/edh
Publication of the original study: February 21, 2025 / 7:07 a.m. / GMT
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Air Liquide at 'Outperform' - Target 195 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air Liquide at "Outperform" following its 2024 figures, with a price target of €195. The industrial gases group has once again delivered convincing results, wrote analyst Peter Clark in a report released Friday. The expert praised the development and outlook of the operating profit margin./mis/la
Publication of the original report: February 21, 2025 / 8:47 a.m. / UTC First distribution of the original report: February 21, 2025 / 8:47 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Air Liquide 'Buy' - target 195 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Air Liquide following its second-half results, with a price target of €195. The industrial gases group's operating result (adjusted EBIT) was in line with the consensus estimate, wrote analyst Geoff Haire in an initial reaction released Friday. Revenue in the fourth quarter was slightly higher than expected./edh/la
Publication of the original study: February 21, 2025 / 7:44 a.m. / GMT
First distribution of the original study: February 21, 2025 / 7:44 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Air Liquide at 'Overweight' - target 195 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Air Liquide at "Overweight" with a price target of €195 following its quarterly results. The industrial gases group presented solid figures overall, wrote analyst Chetan Udeshi in an initial reaction released Friday. The margin outlook has brightened and could lead to rising consensus estimates for 2025 and 2026./edh/mis
Publication of the original study: February 21, 2025 / 7:38 a.m. / GMT
First distribution of the original study: February 21, 2025 / 7:42 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Air Liquide 'Buy' - target 190 euros
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its "Buy" rating for Air Liquide following its quarterly results, with a price target of €190. Sales exceeded its forecast and the consensus estimate, wrote analyst Chris Counihan in an initial reaction released Friday. The industrial gases group also expects further increases in profitability./edh/mis
Publication of the original study: February 21, 2025 / 2:08 a.m. / ET
First distribution of the original study: February 21, 2025 / 2:08 a.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Air Liquide at 'Overweight' - target 195 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Air Liquide at "Overweight" with a price target of €195. Project momentum in the green hydrogen sector is good and supports the French company's strong medium-term prospects, wrote analyst Chetan Udeshi in his commentary published on Tuesday./ag/gl
Publication of the original study: February 18, 2025 / 10:43 / GMT First distribution of the original study: February 18, 2025 / 10:55 / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Air Liquide at 'Outperform' - Target 195 euros
NEW YORK (dpa-AFX Analyser) - US analyst firm Bernstein Research has maintained its rating for Air Liquide at "outperform" with a price target of €195 ahead of its 2024 results. The gas company is likely to have increased its operating profit margin and still has plenty of room for improvement despite the difficult economic environment, analyst Peter Clark wrote in a study released Friday. Due to the economic environment, Clark slightly lowered its earnings expectations for 2025, but still expects earnings per share to grow by 9 percent./mis/gl
Publication of the original study: February 13, 2025 / 7:27 p.m. / UTC. First distribution of the original study: February 14, 2025 / 6:09 a.m. / UTC.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Berenberg maintains Air Liquide 'Buy' - target 190 euros
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained a "buy" rating on Air Liquide with a price target of €190. For investors in European chemical stocks, there are two ways to "wait and see," especially with regard to diversified chemical companies, analyst Sebastian Bray wrote in an industry report published Monday. He sees a short wait in view of a possible imminent revaluation. He cited fiscal stimulus in the US and China, more modest US tariffs than feared, and new political support for the chemical industry in Germany and China as reasons. Bray expects a waiting period beyond 2025 until profits can benefit again from lower energy costs in Europe or reforms in Germany that promote competitiveness./ck/tih
Publication of the original study: January 24, 2025 / 6:03 p.m. / GMT
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Air Liquide at 'Overweight' - target 195 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Air Liquide at "Overweight" with a price target of €195. Given global industrial production's stagnation, the growth prospects for the industrial gases manufacturer are subdued, wrote analyst Chetan Udeshi in his commentary published on Monday. Only in the second half of the year is the economy likely to accelerate sales again./bek/ag
Publication of the original study: January 17, 2025 / 8:07 PM / GMT
First distribution of the original study: January 20, 2025 / 12:15 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Air Liquide 'Buy' - target 190 euros
NEW YORK (dpa-AFX Analyst) - The research firm Jefferies has maintained its "Buy" rating for Air Liquide ahead of fourth-quarter earnings, with a price target of €190. The industrial gases manufacturer's profitability is likely to have benefited primarily from the prices achieved, wrote analyst Chris Counihan in an outlook released Wednesday. This could result in a further improved margin outlook for the current year.
Publication of the original study: January 14, 2025 / 11:29 AM / ET
First distribution of the original study: January 14, 2025 / 7:00 PM / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman lowers target for Air Liquide to 194 euros - 'Buy'
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has lowered its price target for Air Liquide from €197 to €194 and maintained its "Buy" rating. Sales recoveries and margin increases last year have created a more difficult basis for comparison for European chemical companies in the coming months, analyst Georgina Fraser wrote in a study released Thursday. However, the resulting uncertainty is already reflected in share prices. For Air Liquide, the company adjusted its estimates again ahead of the upcoming fourth-quarter results, following the already announced key figures for 2024./tih/he
Publication of the original study: January 8, 2025 / 10:59 a.m. / GMT First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Air Liquide 'Buy' - target 195 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Air Liquide with a price target of €195. Analyst Geoff Haire wrote in an industry report released Monday that 2025 will be more uncertain in the chemicals sector than 2024, which was characterized by a lack of inventory buildup by customers and the beginning of portfolio adjustments by companies. In 2025, the focus will once again be on the prospects for a recovery in demand, but investors should also pay attention to geopolitics – with the US-China relationship and the political environment in Germany and France. In a difficult environment, companies could respond with further cost reductions. Potential positive drivers include government stimulus measures in Germany, the resumption of Russian gas supplies to Europe, and the reconstruction of Ukraine. Overall, the expert prefers defensive subsectors within the industry: consumer chemicals and industrial gas suppliers./mis/bek
Publication of the original study: January 3, 2025 / 11:38 PM / GMT
First distribution of the original study: January 3, 2025 / 11:38 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies ranks Air Liquide among its favorites for 2025
NEW YORK (dpa-AFX Analyser) - The analyst firm Jefferies presented its European favorites for 2025 on Tuesday. The recommendation list of the experts led by Raj Jilka also includes Air Liquide <FR0000120073>, which is rated "Buy" with a price target of 190 euros. They fall under the topic of "Cyclic Recovery," as Jefferies experts do not expect a hard landing for global growth, but rather a better year./ag/edh
Publication of the original study: December 17, 2024 / 8:47 a.m. / ET
First distribution of the original study: December 17, 2024 / 12:00 p.m. / ET
Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Air Liquide 'Buy' - target 195 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Air Liquide with a price target of €195. One of the most discussed topics in the European chemical industry is the question of what would happen if Russian gas were to flow to Europe again, wrote analyst Geoff Haire in an industry report released Monday. A ceasefire between Russia and Ukraine would reduce the risk premium and lead to significantly lower gas prices. In the chemicals sector, BASF, Covestro, Lanxess, and to a certain extent Yara would benefit the most./edh/ag
Publication of the original study: December 8, 2024 / 5:33 PM / GMT
First distribution of the original study: December 8, 2024 / 5:33 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan upgrades Air Liquide to 'Overweight' - target at 195 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has upgraded Air Liquide from "Neutral" to "Overweight" and raised its price target from €161 to €195. Analyst Chetan Udeshi praised the industrial gases group's strong growth in his recommendation released on Monday. Additional potential will come from stronger internal optimization measures./ag/zb
Publication of the original study: December 1, 2024 / 11:16 PM / GMT
First distribution of the original study: December 2, 2024 / 1:17 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Berenberg lowers target for Air Liquide to 190 euros - 'Buy'
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg lowered its price target for Air Liquide from €195 to €190 following an investor event in Frankfurt, but maintained its "Buy" rating. Analyst Sebastian Bray wrote in a study released Monday that the industrial gases group faces only limited high business risks. Although the volume environment remains impacted, the company expects the net price increases of recent years to persist./tih/ajx
Publication of the original study: November 15, 2024 / 5:55 PM / GMT
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies upgrades Air Liquide from 'Underperform' to 'Buy'
NEW YORK (dpa-AFX Analyst) - Research firm Jefferies has raised its rating for Air Liquide shares by two notches from "Underperform" to "Buy" and raised its price target from €151 to €190. Analyst Chris Counihan made numerous changes to his 2025 outlook for the chemicals industry on Tuesday. Among other things, he favors industrial gas producers like Air Liquide over consumer-dependent companies. At Air Liquide, prices and margins provided momentum./ag/ajx
Publication of the original study: November 12, 2024 / 7:00 PM / ET
First distribution of the original study: November 12, 2024 / 7:00 PM / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies raises target for Air Liquide - 'Underperform'
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies raised its price target for Air Liquide from €146 to €151, but maintained its rating at "underperform." The industrial gas producer's third quarter strengthened confidence in its margin outlook, wrote analyst Chris Counihan in a report released Wednesday./ajx/he
Publication of the original report: October 23, 2024 / 11:46 a.m. / ET First distribution of the original report: October 23, 2024 / 11:46 a.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Air Liquide 'Buy' - target 200 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Air Liquide following its earnings release, with a price target of €200. Organic sales growth in the third quarter roughly met expectations, wrote analyst Geoff Haire in a quick assessment released Wednesday./mf/mis
Publication of the original study: October 23, 2024 / 6:37 a.m. / GMT
First distribution of the original study: October 23, 2024 / 6:37 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Air Liquide's 'Underperform' rating - target €146
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its rating for Air Liquide at "Underperform" following third-quarter sales figures, with a price target of €146. The industrial gases group's revenues were roughly in line with its forecast and consensus estimate, wrote analyst Chris Counihan in an initial response released Wednesday./edh/mis
Publication of the original study: October 23, 2024 / 2:09 a.m. / ET
First distribution of the original study: October 23, 2024 / 2:09 a.m. / ET
Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Air Liquide at 'Neutral' - Target 161 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Air Liquide at "Neutral" following third-quarter sales figures, with a price target of €161. The organic growth of the Gases & Services division largely met its forecast and consensus estimate, wrote analyst Chetan Udeshi in an initial reaction released Wednesday./edh/mis
Publication of the original study: October 23, 2024 / 7:36 a.m. / BST
First distribution of the original study: October 23, 2024 / 7:41 a.m. / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS raises target for Air Liquide to 200 euros - 'Buy'
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has raised its price target for Air Liquide from 195 to 200 euros and maintained its "Buy" rating. In the cyclical chemicals sector, the expected recovery in volume growth did not materialize in the first half of the year, analyst Geoff Haire wrote in an industry report released Monday. Leading indicators remained negative. Looking ahead to 2025, he sees only limited improvements in the construction and agricultural end markets and risks for the automotive sector. Within the sector, he favors shares of consumer chemicals companies and industrial gas producers, while being most pessimistic about agricultural chemicals./ajx/mis
Publication of the original study: October 14, 2024 / 03:17 / GMT
First distribution of the original study: October 14, 2024 / 03:17 / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman lowers target for Air Liquide to 189 euros - 'Buy'
NEW YORK (dpa-AFX Analyser) - The US investment bank Goldman Sachs has lowered its price target for Air Liquide from 191 to 189 euros, but left the rating at "Buy". Analyst Georgina Fraser wrote in a commentary published Wednesday that she had adjusted her estimates for the gas company based on initial statements regarding the quarterly sales figures due on October 23rd, as well as on exchange rate changes.
Publication of the original study: October 8, 2024 / 6:00 PM / BST. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank upgrades Air Liquide to 'Buy' - target 190 euros
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained a "Buy" rating on Air Liquide with a price target of €190. The gas company's third-quarter sales figures, due on October 23, are likely to show slightly stronger growth than in the previous quarter, analyst Virginie Boucher-Ferte wrote in an outlook published on Tuesday. She expects growth to accelerate again from 2025 onwards. Given the discount to competitor Linde, the stock appears to be valuable./gl/tih
Publication of the original study: October 8, 2024 / 8:10 a.m. / CET. First distribution of the original study: Date not specified in study / Time not specified in study / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman maintains Air Liquide 'Buy' - target 191 euros
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its "Buy" rating for Air Liquide with a price target of €191. "Megaprojects" in the US have fueled confidence in the industrial gases manufacturer, analyst Georgina Fraser wrote in her commentary on Monday. An investment cycle in the industry estimated at USD 1.5 trillion is only just beginning./bek/ag
Publication of the original study: September 16, 2024 / 3:03 p.m. / BST
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman lowers target for Air Liquide to 191 euros - 'Buy'
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has lowered its price target for Air Liquide from €193 to €191 and maintained its "Buy" rating. Analyst Georgina Fraser adjusted her estimates on Tuesday evening to reflect the current decline in global growth expectations./ag/zb
Publication of the original study: September 10, 2024 / 4:39 p.m. / BST
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Air Liquide 'Buy' - target 195 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Air Liquide at "Buy" with a price target of €195 following an analyst event. The industrial gases manufacturer confirmed that productivity has so far exceeded its own targets, analyst Geoff Haire wrote in a report released Monday. Revenue growth excluding acquisitions and collaborations will be better in the second half of the year than in the first./bek/nas
Publication of the original study: September 9, 2024 / 6:38 PM / GMT
First distribution of the original study: September 9, 2024 / 6:38 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Air Liquide's 'Underperform' rating - target €146
NEW YORK (dpa-AFX Analyser) - Following an investor event, research firm Jefferies maintained its rating for Air Liquide at "underperform" with a price target of €146. Business was performing well, analyst Chris Counihan wrote in a report released Monday. Initiatives by the manufacturer of industrial gases to support prices and reduce costs underpinned the medium-term margin targets./bek/nas
Publication of the original study: September 9, 2024 / 12:34 PM / ET
First distribution of the original study: September 9, 2024 / 12:34 PM / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Air Liquide 'Buy' - target 195 euros
ZURICH (dpa-AFX Analyst) - UBS maintained its rating for Air Liquide at "Buy" following a conference held by the major Swiss bank, with a price target of €195. The volume outlook was consistently the focus of the discussions, wrote analyst Geoff Haire in his industry commentary on chemical stocks published on Monday. Most companies reported modest progress in the third quarter and anticipated normal seasonality in the final quarter. Clients are currently continuing to pay attention to low inventory levels. There are signs of improvement in some areas, but there are downside risks to the business in the automotive sector./tih/ag
Publication of the original study: September 6, 2024 / 7:21 PM / GMT
First distribution of the original study: September 6, 2024 / 7:21 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.