Air Liquide (OTCMKTS:AIQUY) was upgraded by equities researchers at Jefferies Group from a “hold” rating to a “buy” rating in a research report issued on Monday. Jefferies Group also issued estimates for Air Liquide’s FY2018 earnings at $1.24 EPS, FY2019 earnings at $1.37 EPS and FY2020 earnings at $1.46 EPS.

Several other equities research analysts have also issued reports on AIQUY. UBS raised Air Liquide from a “sell” rating to a “neutral” rating in a research note on Thursday, December 7th. Goldman Sachs Group raised Air Liquide from a “neutral” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Zacks Investment Research lowered Air Liquide from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $27.00.

Shares of Air Liquide (OTCMKTS AIQUY) opened at $25.30 on Monday. Air Liquide has a one year low of $19.31 and a one year high of $25.90. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.73 and a current ratio of 0.94.

A hedge fund recently raised its stake in Air Liquide stock. Lenox Wealth Management Inc. increased its holdings in shares of Air Liquide SA (OTCMKTS:AIQUY) by 52.9% in the third quarter, according to its most recent filing with the SEC. The fund owned 93,336 shares of the basic materials company’s stock after acquiring an additional 32,281 shares during the period. Air Liquide comprises 0.9% of Lenox Wealth Management Inc.’s portfolio, making the stock its 24th biggest position. Lenox Wealth Management Inc.’s holdings in Air Liquide were worth $2,490,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 0.08% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This piece of content was first reported by Watch List News and is the property of of Watch List News. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of US and international copyright & trademark law. The original version of this piece of content can be read at https://www.watchlistnews.com/air-liquide-aiquy-rating-increased-to-buy-at-jefferies-group/1760450.html.

About Air Liquide

L’Air Liquide SA (Air Liquide) is a France-based company engaged in providing gases, technologies and services for industry and health with a presence in over 80 countries. The Company’s segments include Gas & Services, Engineering & Construction, and Global Markets & Technologies. The Gas & Services activity is organized into four geographic regions: Europe, Americas, Asia-Pacific, and Middle East and Africa.

Receive News & Ratings for Air Liquide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Liquide and related companies with MarketBeat.com's FREE daily email newsletter.