Air Liquide: UBS maintains its target at 167 E


(CercleFinance.com) – UBS reiterates its advice to buy the stock with a target of 167 E. ‘For the 1st quarter of 2023: all eyes are on prices’ indicates the analysis office.

‘For the Q1 2023 forecast, we expect a price increase of +13% year-on-year, which is well above Visible Alpha’s +9% forecast. We are 7% ahead of the EBIT forecast for the fiscal year 2023 ‘adds UBS.

In 2023, Air Liquide said it was “confident in its ability to once again increase its operating margin and achieve growth in recurring net income, at constant exchange rates”.

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