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JP Morgan analysts downgrades a Neutral rating for Air Products & Chemicals Inc (APD)

Air Products & Chemicals Inc’s recent filing unveils that its Sr. VP, Glob Helium & Rare Gas Nelson Walter L. unloaded Company’s shares for reported $0.18 million on Mar 05 ’25. In the deal valued at $308.50 per share,589 shares were sold. As a result of this transaction, Nelson Walter L. now holds 719 shares worth roughly $0.21 million.

Then, Nelson Walter L. bought 589 shares, generating $181,706 in total proceeds.

Before that, Lefevere Kurt sold 1,500 shares. Air Products & Chemicals Inc shares valued at $474,255 were divested by the President, Asia at a price of $316.17 per share. As a result of the transaction, Lefevere Kurt now holds 1,462 shares, worth roughly $0.43 million.

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 Monday, Air Products & Chemicals Inc [NYSE:APD] saw its stock jump 1.27% to $295.62. Over the last five days, the stock has lost -2.66%. Air Products & Chemicals Inc shares have risen nearly 1.92% since the year began. Nevertheless, the stocks have risen 19.54% over the past one year. While a 52-week high of $341.14 was reached on 02/04/25, a 52-week low of $227.53 was recorded on 01/06/25. SMA at 50 days reached $311.38, while 200 days put it at $295.70.

Levels Of Support And Resistance For APD Stock

The 24-hour chart illustrates a support level at 291.38, which if violated will result in even more drops to 287.13. On the upside, there is a resistance level at 298.45. A further resistance level may holdings at 301.27. The Relative Strength Index (RSI) on the 14-day chart is 38.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -11.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.02%. Stochastics %K at 9.18% indicates the stock is a buying.

How much short interest is there in Air Products & Chemicals Inc?

A steep rise in short interest was recorded in Air Products & Chemicals Inc stocks on 2025-02-28, growing by 0.38 million shares to a total of 4.74 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.36 million shares. There was a rise of 8.08%, which implies that there is a positive sentiment for the stock.

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