Air Liquide Stock - Deutsche Bank trims target but keeps Buy rating

Edited by ad hoc news Analyst & Consensus Desk. Verified prior to publication on 06/18/2026, 13:38 CET. Details in the imprint.

Air Liquide (FR0000120628) stays on Deutsche Bank’s Buy list even after the bank cut its price target to EUR 190 in a new research note. The adjustment, reported by MarketScreener on 06/18/2026, keeps a positive stance while acknowledging valuation and market conditions. Deutsche Bank research summary on MarketScreener

What Deutsche Bank changed

According to a Deutsche Bank note summarized by MarketScreener, the analyst reaffirmed a Buy rating on Air Liquide but lowered the price target from EUR 205 to EUR 190. MarketScreener profile and consensus data The revision reflects updated assumptions on growth and margins in the current interest-rate environment.

The new EUR 190 target still offers upside versus the last Xetra closing price around the mid-EUR 160s band, leaving the fundamental stance intact. The note highlights Air Liquide’s leading position in industrial and medical gases and its exposure to energy transition themes.

How consensus looks today

MarketScreener data show an average analyst target price for Air Liquide shares around EUR 181, implying modest upside from recent levels and situating Deutsche Bank’s EUR 190 target at the upper end of the range. Consensus overview on MarketScreener The rating distribution remains skewed toward Buy or Outperform recommendations.

Earlier this year, Air Liquide reported first-quarter 2026 revenue of about EUR 6.79 billion and reiterated its objective of improving operating margin by at least 100 basis points over the medium term, according to recent news summaries. That backdrop helps explain why many houses keep constructive views despite premium valuation.

How the company makes money

Air Liquide generates most of its revenue from large-volume industrial gases for sectors such as steel, chemicals and refining, along with packaged gases for welding and manufacturing. It also runs a sizeable healthcare business supplying medical oxygen and homecare services to hospitals and patients.

Where the stock trades today

The shares of Air Liquide (FR0000120628) trade on Euronext Paris at EUR 166.90 as of 06/18/2026, 13:30 CET.

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.