AIR LIQUIDE/ADR (OTCMKTS:AIQUY) Downgraded to “Equal Weight” at Morgan Stanley

Morgan Stanley lowered shares of AIR LIQUIDE/ADR (OTCMKTS:AIQUY) from an overweight rating to an equal weight rating in a report released on Monday, The Fly reports.

A number of other brokerages have also recently weighed in on AIQUY. Zacks Investment Research raised AIR LIQUIDE/ADR from a sell rating to a hold rating in a report on Tuesday, January 28th. ValuEngine cut AIR LIQUIDE/ADR from a hold rating to a sell rating in a report on Friday, January 10th. Goldman Sachs Group cut AIR LIQUIDE/ADR from a buy rating to a neutral rating in a report on Wednesday, January 8th. Finally, Atlantic Securities assumed coverage on AIR LIQUIDE/ADR in a research report on Monday, November 18th. They set a neutral rating on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $31.00.

Shares of OTCMKTS AIQUY opened at $30.25 on Monday. The stock has a market cap of $71.19 billion, a price-to-earnings ratio of 28.81, a P/E/G ratio of 1.97 and a beta of 0.80. The company has a current ratio of 0.73, a quick ratio of 0.55 and a debt-to-equity ratio of 0.68. AIR LIQUIDE/ADR has a 1-year low of $21.64 and a 1-year high of $30.35. The stock’s 50-day moving average is $28.56 and its 200 day moving average is $27.49.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Parametric Portfolio Associates LLC grew its position in AIR LIQUIDE/ADR by 4.4% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 1,767,387 shares of the basic materials company’s stock worth $50,229,000 after acquiring an additional 75,011 shares during the last quarter. Quadrant Capital Group LLC grew its position in AIR LIQUIDE/ADR by 5.0% during the 3rd quarter. Quadrant Capital Group LLC now owns 21,062 shares of the basic materials company’s stock worth $584,000 after acquiring an additional 1,009 shares during the last quarter. Scout Investments Inc. grew its position in AIR LIQUIDE/ADR by 10.0% during the 4th quarter. Scout Investments Inc. now owns 104,710 shares of the basic materials company’s stock worth $2,937,000 after acquiring an additional 9,519 shares during the last quarter. Boston Common Asset Management LLC grew its position in AIR LIQUIDE/ADR by 24.6% during the 4th quarter. Boston Common Asset Management LLC now owns 199,903 shares of the basic materials company’s stock worth $5,664,000 after acquiring an additional 39,528 shares during the last quarter. Finally, Lenox Wealth Management Inc. grew its position in AIR LIQUIDE/ADR by 7.1% during the 4th quarter. Lenox Wealth Management Inc. now owns 129,588 shares of the basic materials company’s stock worth $3,635,000 after acquiring an additional 8,617 shares during the last quarter. Institutional investors and hedge funds own 0.09% of the company’s stock.

AIR LIQUIDE/ADR Company Profile

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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Analyst Recommendations for AIR LIQUIDE/ADR (OTCMKTS:AIQUY)

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