Air Liquide SA
AI: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€883.00 | Snzs | Fcqhhhx |
Air Liquide Posts Solid Q3 Results, Even With Lower Large Industries Volumes in Europe
We are maintaining our EUR 140 fair value estimate for narrow-moat-rated Air Liquide after the industrial gas firm reported solid third-quarter results despite a slowdown in large industries volumes in Europe. We see the name as appropriately valued at current levels, with shares trading in 3-star territory.