Air Products and Chemicals (APD) appears to be under intense scrutiny from several investment groups. It has seen its stake adjusted by firms such as
Impax Asset Management,
Capital Research Global Investors and
Mizuho Markets Americas LLC. An activist push from
Mantle Ridge and
D.E. Shaw has sparked a strategic shift for the gas giant's stock, provoking speculation about its capital effectiveness.
Additionally, APD has drawn attention from Wall Street, having made
UBS's list of stocks for the AI, Growth & Low Rates era, alongside
Citigroup projecting strong price appreciation for the company's stock. APD also surpassed Q4 earnings estimates and showed strong EPS growth.
The company has also made significant strides in
clean hydrogen production and has secured a
power purchase agreement for solar electricity in Taiwan. More importantly, APD has successfully completed a
$1.81 billion acquisition deal with Honeywell.
BMO Capital Markets holds a positive view, predicting robust price appreciation for the stock.
Air Products Chemicals APD News Analytics from Wed, 13 Mar 2024 02:47:39 GMT to Sat, 16 Nov 2024 14:17:45 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -2
