Air Liquide: UBS raises target price

(CercleFinance.com) - UBS confirms its 'buy' recommendation on Air Liquide shares, with a target price raised from E195 to E215, which suggests 17% upside potential for the share of the French gas supplier for industry and healthcare.


Air Liquide remains one of our best picks in the sector, the broker says, which points to an improvement in margins, due to the low-carbon hydrogen opportunity in Europe and cost reduction.


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