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Air Products & Chemicals, Inc. focuses on the development, production, and marketing of gases across four main product families: bulk gases, tonnage gases, performance chemicals, and cryogenic and gas processing plants. Its customer base spans various industries, including metals, healthcare, and petrochemicals, with net sales distributed primarily in the United States (41.5%), China (15.8%), and other regions (42.7%).
Air Products and Chemicals Inc. has appointed Bob Patel and Alfred Stern as new board members in anticipation of its upcoming shareholder meeting, likely in response to pressure from activist investors. Meanwhile, current board members David Ho and Matthew Paull will not seek re-election.
Air Products and Chemicals, Inc. specializes in atmospheric, process, and specialty gases, serving various industries globally. Hedge funds and institutional investors own 81.66% of the stock, which has received a "Moderate Buy" rating from analysts, with a consensus price target of $331.53. Recent upgrades and downgrades from firms like UBS and Deutsche Bank reflect mixed sentiments, while the stock trades around $317.10, showing a 12-month range of $212.24 to $332.42.
Air Products & Chemicals has reported a remarkable profit increase, with earnings per share soaring over 68% for the year, despite a slight decline in sales. Analysts from UBS see significant potential for further growth in the company"s shares, highlighting its stable business performance.
Air Products has received an upgrade from Neutral to Buy by UBS, indicating a positive shift in the firm's outlook on the company's stock. This change reflects growing confidence in Air Products' market position and potential for future growth.
Air Products & Chemicals, Inc. focuses on the development, production, and marketing of gases across four main product families: bulk gases, tonnage gases, performance chemicals, and cryogenic and gas processing plants. The company serves various industries, including metals, glass, healthcare, and petrochemicals, with net sales distributed as 41.5% in the United States, 15.8% in China, and 42.7% in other regions.
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