Air Liquide: up sharply, an analyst confirms his target

(CercleFinance.com) - Air Liquide's share price has risen by more than 1.
5% in Paris, making it the 2nd best performer on the Paris stock market. This morning, UBS confirmed its buy recommendation on the stock, with a price target of 195 euros, highlighting a potential upside of 17%.

Management has confirmed the improvement in organic sales growth in the second half of 2024, and the cumulative improvement in EBIT margin in 2024/25 is expected to be at least 170 basis points', says the analyst firm.

Claiming a very solid financial performance, Air Liquide said it was confident in its ability to further increase its operating margin and achieve growth in recurring net income, at constant exchange rates, over 2024 as a whole.

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