Zacks Investment Research upgraded shares of Air Liquide SA (NASDAQ:AIQUY) from a sell rating to a hold rating in a research report released on Monday.

According to Zacks, “Air Liquide’s core business is to supply oxygen, nitrogen, hydrogen and many other gases and services to most industries (for example: steel, oil refining, chemicals, glass, electronics, healthcare, food processing, metallurgy, paper and aerospace). Their global presence (130 subsidiaries in more than 65 countries) allows them to combine the resources and expertise of a global enterprise with a powerful local presence based on independent customer-focused teams. “

Air Liquide SA (NASDAQ:AIQUY) opened at 20.10 on Monday. Air Liquide SA has a 12-month low of $19.33 and a 12-month high of $24.70. The firm has a 50-day moving average of $0.00 and a 200-day moving average of $0.00.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AIQUY. Scout Investments Inc. raised its position in Air Liquide SA by 52.6% in the third quarter. Scout Investments Inc. now owns 126,483 shares of the company’s stock valued at $2,713,000 after buying an additional 43,618 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Air Liquide SA by 443.7% in the third quarter. PNC Financial Services Group Inc. now owns 34,681 shares of the company’s stock valued at $744,000 after buying an additional 28,302 shares in the last quarter. Quadrant Capital Group LLC raised its position in Air Liquide SA by 8.6% in the third quarter. Quadrant Capital Group LLC now owns 6,180 shares of the company’s stock valued at $125,000 after buying an additional 489 shares in the last quarter. Finally, Parametric Portfolio Associates LLC raised its position in Air Liquide SA by 14.0% in the second quarter. Parametric Portfolio Associates LLC now owns 686,857 shares of the company’s stock valued at $14,445,000 after buying an additional 84,462 shares in the last quarter.

About Air Liquide SA

AIR LIQUIDE, SA is a provider of gases, technologies and services to a range of industries, such as steel industry, food and beverage, electronics or pharmaceuticals. The Company classifies its activities as Gas and Services, Engineering and Technology, and Other Activities. Its Gas and Services activities supplies a range of gases, application equipment and associated services to technology, research, materials, energy, automotive, manufacturing, food, pharmaceuticals, craftsmen, and network industries.

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