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JP Morgan’s latest rating for APD stock

Air Products & Chemicals Inc’s recently made public that its President, Asia Lefevere Kurt unloaded Company’s shares for reported $0.47 million on Feb 20 ’25. In the deal valued at $316.17 per share,1,500 shares were sold. As a result of this transaction, Lefevere Kurt now holds 1,462 shares worth roughly $0.45 million.

Then, Cogut Charles I bought 8,220 shares, generating $2,584,615 in total proceeds.

Before that, Lefevere Kurt bought 1,500 shares. Air Products & Chemicals Inc shares valued at $474,255 were divested by the Officer at a price of $316.17 per share.

JP Morgan downgraded its Air Products & Chemicals Inc [APD] rating to a Neutral from a an Overweight in a research note published on February 07, 2025; the price target was decreased to $320 from $345. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who decreased its forecast for the stock in early February from “an Outperform” to “a Market perform”. Bernstein also remained covering APD and has increased its forecast on January 31, 2025 with a “an Outperform” recommendation from previously “Mkt perform” rating. BofA Securities revised its rating on January 27, 2025. It rated APD as “a Neutral” which previously was an “a Buy”.

Price Performance Review of APD

On Friday, Air Products & Chemicals Inc [NYSE:APD] saw its stock fall -1.40% to $309.89. Over the last five days, the stock has lost -1.67%. Air Products & Chemicals Inc shares have risen nearly 6.84% since the year began. Nevertheless, the stocks have risen 35.86% over the past one year. While a 52-week high of $341.14 was reached on 02/04/25, a 52-week low of $226.95 was recorded on 01/06/25. SMA at 50 days reached $309.73, while 200 days put it at $291.70.

Levels Of Support And Resistance For APD Stock

The 24-hour chart illustrates a support level at 305.99, which if violated will result in even more drops to 302.10. On the upside, there is a resistance level at 314.27. A further resistance level may holdings at 318.66. The Relative Strength Index (RSI) on the 14-day chart is 42.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.96%. Stochastics %K at 26.38% indicates the stock is a holding.

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