Barclays starts coverage of Air Products and Chemicals stock at USD 353

Published on 10/16/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Air Products and Chemicals stock costs EUR 262.90 on October 16, 2026. Fiscal third-quarter sales reached USD 3.16 billion and adjusted earnings per share USD 3.47.

Analyst view and operating results

Barclays initiated coverage with a USD 353 target on October 12, 2026.
Fiscal third-quarter sales reached USD 3.16 billion in the period ended June 30, 2026.
Air Products and Chemicals stock traded at EUR 262.90 at 10:02 a.m. CEST at Lang & Schwarz on October 16, 2026.

Luftaufnahme einer Wasserstoff-Produktionsanlage in Pennsylvania, USA — Air Products & Chemicals Inc. US0091581068 photorealistic hydrogen production plant aerial view Pennsylvania, Illustration mit AI erstellt.

Air Products and Chemicals (ISIN US0091581068) stock was trading at EUR 262.90 at Lang & Schwarz on October 16, 2026, at 10:02 a.m. CEST. Markets Insider reported on October 12, 2026, that Barclays initiated coverage with an Overweight rating and a USD 353.00 price target.

Three events shape the picture

Air Products reported fiscal third-quarter 2026 results on July 30, 2026. The company posted USD 3.16 billion in revenue, while adjusted earnings per share reached USD 3.47 against a USD 3.34 consensus estimate, according to MarketBeat. Revenue increased 4.60 percent from the comparable period.

On October 12, 2026, Barclays initiated coverage at Overweight with a USD 353.00 target. The call followed the quarterly figures and placed the analyst view above the current US dollar market quote cited in the same reporting context.

On October 15, 2026, Air Products said it would present gas supply technologies for laser cutting, 3D printing and welding at FABTECH 2026. The event is scheduled for October 21 through October 23, 2026, according to PR Newswire.

What does the target imply?

Barclays placed its USD 353.00 target on Air Products against a business that generated USD 3.16 billion in fiscal third-quarter revenue and raised adjusted earnings per share to USD 3.47. The numbers point to a split investor picture: operating earnings exceeded the USD 3.34 consensus, while revenue came in below the USD 3.20 billion expectation reported by MarketBeat.

Two dates matter next

Air Products is scheduled to showcase its industrial-gas technologies at FABTECH from October 21 through October 23, 2026, according to PR Newswire. Its next fiscal fourth-quarter results teleconference is scheduled for November 5, 2026, at 8:00 a.m. ET, according to Air Products.

Stock value and operating scale

Air Products and Chemicals had a market capitalization of USD 66.0 billion as of October 15, 2026. Its 52-week range was USD 229.11 to USD 314.87 on the same date. The company supplies industrial, specialty and process gases for sectors including chemicals, metals, electronics, manufacturing, healthcare and energy.

Air Products and Chemicals was trading at EUR 262.90 at Lang & Schwarz on October 16, 2026, at 10:02 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Air Products and Chemicals stock.