Air Liquide (AIQUY) – What Are Brokerages Saying About This Stock?

Shares of Air Liquide (OTCMKTS:AIQUY) have earned an average rating of “Buy” from the five analysts that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, two have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

Several analysts have weighed in on the company. Citigroup reaffirmed a “buy” rating on shares of Air Liquide in a research report on Wednesday, July 29th. Zacks Research raised Air Liquide from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Mizuho upgraded Air Liquide to a “strong-buy” rating in a research note on Monday, August 31st. Finally, Morgan Stanley upgraded shares of Air Liquide from an “underweight” rating to an “overweight” rating in a research note on Monday, July 20th.

Institutional Investors Weigh In On Air Liquide

Hedge funds have recently added to or reduced their stakes in the stock. Madison Asset Management LLC purchased a new position in Air Liquide in the second quarter worth about $1,402,000. Sterling Capital Management LLC lifted its position in shares of Air Liquide by 4.6% in the third quarter. Sterling Capital Management LLC now owns 13,518 shares of the basic materials company’s stock valued at $525,000 after acquiring an additional 593 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Air Liquide by 22.8% in the 3rd quarter. GAMMA Investing LLC now owns 13,484 shares of the basic materials company’s stock worth $519,000 after purchasing an additional 2,507 shares in the last quarter. 0.03% of the stock is currently owned by hedge funds and other institutional investors.

Air Liquide Stock Up 0.1%

Shares of OTCMKTS AIQUY opened at $38.95 on Thursday. Air Liquide has a 12 month low of $32.88 and a 12 month high of $41.24. The firm has a fifty day simple moving average of $38.64 and a two-hundred day simple moving average of $39.80. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.68 and a current ratio of 0.87.

Air Liquide Company Profile

Air Liquide is a global supplier of industrial, medical and specialty gases, along with related technologies and services. The company produces and distributes gases such as oxygen, nitrogen, hydrogen, argon, carbon dioxide and helium for use in industries including manufacturing, chemicals, energy, electronics, food and beverages, and scientific research. Its offerings also include gas-management systems, equipment and process solutions designed to support customers’ production and safety requirements.

Through its healthcare activities, Air Liquide supplies medical gases, respiratory-care products and services to hospitals, healthcare professionals and patients receiving care at home.