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Enter Symbol:
 
Air Products And Chemicals, Inc. (APD) [hlAlert]

Rating:
Neutral APD

Air Products And Chemicals, Inc. (APD) rated Neutral with price target $110 by HSBC Securities

Posted on: Monday,  Jun 2, 2008  8:25 AM ET by HSBC Securities

Air Products (APD) rated
Neutral with price target $110 by HSBC Securities.

Air Products and Chemicals, Inc. has established an internationally recognized industrial gas and related industrial process equipment business, and developed strong positions as a producer of certain chemicals. The industrial gases business segment recovers and distributesindustrial gases such as oxygen, nitrogen, argon, and hydrogen and a variety of medical and specialty gases. The chemicals business segmentproduces and markets polymer chemicals, performance chemicals, and chemicalintermediates.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/2/2008 8:25 AM Hold
None
100.88 110.00
as of 12/24/2008
1 Week up  3.21 %
1 Month up  10.91 %
3 Months up  18.40 %
1 YTD down  -37.94 %

(*) Stock Price at the time of the recommendation.
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