Air Liquide (OTCMKTS:AIQUY) Stock Rated “Buy” by Wall Street Brokerages

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

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

Air Liquide Trading Down 2.9%

Air Liquide stock opened at $37.36 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.87 and a quick ratio of 0.68. Air Liquide has a fifty-two week low of $32.88 and a fifty-two week high of $41.24. The firm has a fifty day moving average price of $39.03 and a two-hundred day moving average price of $40.25.

Institutional Trading of Air Liquide

An institutional investor recently bought a new position in Air Liquide stock. Madison Asset Management LLC acquired a new position in Air Liquide (OTCMKTS:AIQUY) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 35,520 shares of the basic materials company’s stock, valued at approximately $1,402,000. 0.03% of the stock is owned by institutional investors and hedge funds.

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.