Air Liquide (OTCMKTS:AIQUY) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Air Liquide (OTCMKTS:AIQUY) have earned a consensus rating of “Buy” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, three have given a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of research analysts recently weighed in on the stock. Morgan Stanley raised shares of Air Liquide from an “underweight” rating to an “overweight” rating in a report on Monday, July 20th. Citigroup reiterated a “buy” rating on shares of Air Liquide in a research report on Wednesday, July 29th. Zacks Research raised shares of Air Liquide from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Finally, Mizuho upgraded shares of Air Liquide to a “strong-buy” rating in a report on Monday, August 31st.

Institutional Investors Weigh In On Air Liquide

An institutional investor recently bought a new stake in Air Liquide stock. Madison Asset Management LLC bought a new stake in shares of Air Liquide (OTCMKTS:AIQUY) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 35,520 shares of the basic materials company’s stock, valued at approximately $1,402,000. Institutional investors own 0.03% of the company’s stock.

Air Liquide Stock Up 2.0%

Shares of AIQUY opened at $38.12 on Friday. Air Liquide has a 1 year low of $32.88 and a 1 year high of $41.24. The business’s 50 day simple moving average is $38.99 and its 200-day simple moving average is $40.24. The company has a quick ratio of 0.68, a current ratio of 0.87 and a debt-to-equity ratio of 0.41.

Air Liquide Company Profile

Air Liquide is a France-based industrial gases and healthcare company that supplies essential gases, technologies and services to customers across a range of industries. Its products include oxygen, nitrogen, hydrogen, argon, carbon dioxide and specialty gases used in manufacturing, chemicals, electronics, energy, food processing and research.

The company also provides medical gases, equipment and services for hospitals and healthcare providers, as well as home healthcare solutions for patients with respiratory conditions.