Air Liquide: Stifel raises its price target


(CercleFinance.com) – While reiterating its ‘hold’ recommendation on Air Liquide, Stifel raises its price target from 194 to 197 euros, based on practically unchanged 2024 forecasts, but a more pronounced dynamic of results expected in 2025.

Like-for-like growth for the first quarter of 2024 could only be 1.5% on an annual basis based on high comparisons in Europe and Asia, but the broker believes that the growth rate should accelerate quarter after quarter in 2024.

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