Stock Rating Upgrade
Recently the Value Trend Rating for Air Products and Chemicals Inc. (NYSE: APD) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 11/10/23, Air Products and Chemicals Inc. (NYSE: APD) stock rose modestly by 0.6%, closing at $265.46. Relative to the market the stock has been strong over the last nine months but has declined -8.3% during the last week.
Current PriceTarget Research Rating
APD's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Air Products and Chemicals has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects contradictory signals from PTR's two proprietary measures of a stock's attractiveness. Air Products and Chemicals has a poor Appreciation Score of 23 but a slightly positive Power Rating of 67, resulting in the Low Neutral Value Trend Rating.