Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Air Products and Chemicals Inc. (NYSE: APD) weakened recently. APD’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 11/29/24, Air Products and Chemicals Inc. (NYSE: APD) stock rose modestly by 0.3%, closing at $334.33. However, this advance was accompanied by exceptionally low trading volume at 49% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.0% during the last week.
Current PriceTarget Research Rating
Air Products and Chemicals has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Air Products and Chemicals has a neutral Appreciation Score of 41 but a good Power Rating of 82, leading to the High Neutral Value Trend Rating.
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