Is Air Liquide (EPA:AI) a Stock One Should Buy Following Today’s Bernstein Research Upgrade?


Air Liquide (EPA:AI) Stock Upgrade

Air Liquide (EPA:AI) was just upgraded by Bernstein Research to a respectable Outperform rating in a very recent research note shared with investors on 8 December. The firm presently has a EUR 132.00 TP on the shares. This target is 23.25% from AI’s current share price.

From a total of 8 analysts covering Air Liquide (EPA:AI) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 6 a ”Hold”. This means that 33% of the ratings are positive. The highest target price is €22.5 while the lowest target price is €13.8. The mean of all analyst targets is €18.44 with a 5.31% above today’s (€107.3) stock price. Air Liquide was the topic of 13 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 4 with “Hold” rating. HSBC maintained shares with “Hold” rating and €108 target share price in a report from a September 26. JP Morgan maintained AI stock in a recent report from November 20 with “Neutral” rating. Bernstein upgraded the rating on September 4. Bernstein has a “Outperform” rating and a €127 price target on shares. Finally, Credit Suisse maintained the stock with “Neutral” rating in a report issued on an October 9.

The stock increased 1.75% or EUR 1.85 on December 7, striking EUR 107.3. Approximately 983,149 shares of stock traded hands. Air Liquide SA (EPA:AI) has declined 38.18% since May 5, 2015 and is downtrending. It has underperformed by 37.11% the S&P500.

 Is Air Liquide (EPA:AI) a Stock One Should Buy Following Today’s Bernstein Research Upgrade?

AIR LIQUIDE, S.A. is a provider of gases, technologies and services to a range of industries, such as steel industry, food and beverage, electronics or pharmaceuticals. The company has a market cap of 36.92 billion EUR. The Firm classifies its activities as Gas and Services, Engineering and Technology, and Other Activities. It has 21.25 P/E ratio. The Company’s Gas and Services activities supplies a range of gases, application equipment and associated services to technology, research, materials, energy, automotive, manufacturing, food, pharmaceuticals, craftsmen, and network industries.

According to Zacks Investment Research, “Arlington Asset Investment Corp. is a principal investment firm that currently invests primarily in mortgage-related and other assets.” Get a free copy of the Zacks research report on Air Liquide SA (AI).