Air Liquide: Stifel raises target price

(CercleFinance.com) - Stifel maintains its "hold" rating on Air Liquide shares, while raising its corresponding target price from 150 euros to 154 euros, due to higher estimates for the industrial gases group, having increased its 2021 and 2022 EBIT forecasts by 4%.


"Q1-21 comparable growth was higher than expected," the broker points out, which also highlights encouraging management comments for the second quarter and promising restocking after the winter storm impact in the US.

The share is currently up about 0.4% at almost 142 euros, slightly outperforming the CAC 40 (+0.3%).



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