ValuEngine Upgrades AIR LIQUIDE/ADR (OTCMKTS:AIQUY) to Hold

ValuEngine upgraded shares of AIR LIQUIDE/ADR (OTCMKTS:AIQUY) from a sell rating to a hold rating in a report issued on Monday morning, ValuEngine reports.

Other analysts have also issued reports about the stock. Zacks Investment Research lowered shares of AIR LIQUIDE/ADR from a buy rating to a hold rating in a research note on Wednesday, October 9th. Credit Suisse Group raised shares of AIR LIQUIDE/ADR from an underperform rating to an outperform rating in a research note on Tuesday, August 6th. Finally, Citigroup raised shares of AIR LIQUIDE/ADR from a sell rating to a neutral rating in a research note on Tuesday, September 10th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of $32.00.

Shares of OTCMKTS:AIQUY opened at $25.81 on Monday. The company has a 50 day moving average of $27.30 and a 200-day moving average of $26.90. The firm has a market cap of $60.63 billion, a P/E ratio of 24.58, a P/E/G ratio of 1.75 and a beta of 0.78. AIR LIQUIDE/ADR has a twelve month low of $21.07 and a twelve month high of $26.34. The company has a current ratio of 0.73, a quick ratio of 0.55 and a debt-to-equity ratio of 0.68.

A number of hedge funds have recently added to or reduced their stakes in the stock. Advisor Partners LLC lifted its stake in AIR LIQUIDE/ADR by 3.0% during the second quarter. Advisor Partners LLC now owns 15,627 shares of the basic materials company’s stock valued at $438,000 after purchasing an additional 450 shares during the last quarter. Quadrant Capital Group LLC lifted its stake in AIR LIQUIDE/ADR by 5.0% during the third quarter. Quadrant Capital Group LLC now owns 21,062 shares of the basic materials company’s stock valued at $584,000 after purchasing an additional 1,009 shares during the last quarter. Boston Common Asset Management LLC lifted its stake in AIR LIQUIDE/ADR by 2.0% during the second quarter. Boston Common Asset Management LLC now owns 179,240 shares of the basic materials company’s stock valued at $5,023,000 after purchasing an additional 3,589 shares during the last quarter. Scout Investments Inc. lifted its stake in AIR LIQUIDE/ADR by 6.3% during the third quarter. Scout Investments Inc. now owns 95,191 shares of the basic materials company’s stock valued at $2,711,000 after purchasing an additional 5,657 shares during the last quarter. Finally, Parametric Portfolio Associates LLC lifted its stake in AIR LIQUIDE/ADR by 1.3% during the second quarter. Parametric Portfolio Associates LLC now owns 1,692,376 shares of the basic materials company’s stock valued at $47,268,000 after purchasing an additional 21,798 shares during the last quarter. 0.09% of the stock is owned by institutional investors and hedge funds.

About AIR LIQUIDE/ADR

L'Air Liquide SA provides gases, technologies, and services for industrial and health sectors in Europe, the Americas, the Asia Pacific, and the Middle East and Africa. Its Gas & Services segment offers oxygen, nitrogen, argon, hydrogen, and carbon monoxide to the metals, chemicals, refining, and energy industries; and gas solutions, such as industrial gases, welding equipment, application and safety equipment, and related services to materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and professionals and retail markets.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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