February 5, 2017

Air Products and Chemicals, Inc. (APD) Downgrades by Robert W. Baird

Robert W. Baird cut shares of Air Products and Chemicals, Inc. (NYSE:APD) from an outperform rating to a neutral rating in a research note issued to investors on Monday morning. Robert W. Baird currently has $140.00 price objective on the stock, down from their prior price objective of $146.00.

Several other brokerages have also recently commented on APD. Credit Suisse Group began coverage on shares of Air Products and Chemicals in a research report on Monday, October 3rd. They issued an outperform rating on the stock. Monness Crespi & Hardt upgraded Air Products and Chemicals from a neutral rating to a buy rating and set a $167.00 price objective on the stock in a report on Wednesday, December 21st. Jefferies Group LLC restated a neutral rating on shares of Air Products and Chemicals in a report on Monday, January 23rd. Zacks Investment Research upgraded Air Products and Chemicals from a strong sell rating to a hold rating in a report on Monday, December 5th. Finally, Citigroup Inc. upgraded Air Products and Chemicals from a neutral rating to a buy rating and boosted their price objective for the stock from $139.00 to $165.00 in a report on Monday, December 5th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $153.20.




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