Air Liquide: Stifel maintains its price target

(CercleFinance.com) - Stifel maintains its 'Hold' recommendation on Air Liquide shares and keeps its price target at 186E.


For the analyst, the 100 bp margin increase (as high as in the first half) is good news.

Comparable gas growth in the third quarter, at +3.6%, is in line with the analyst's expectations, noting that electronics is gaining ground in Asia and the United States.

Cash flow amounted to 1.6 billion euros (+4% after adjustment for exchange rates), notes Stifel, which is pleased to see EPS growth forecasts after adjustment for exchange rates confirmed.

Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as decision-making aids for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.