Deutsche Bank raises target for Air Liquide stock from EUR 190 to EUR 192

Air Liquide (ISIN FR0000120073) was trading at EUR 169.05 at Lang & Schwarz on October 1, 2026 at 3:31 p.m. CEST, down 0.51 percent versus the EUR 169.91 prior close. On September 23, Deutsche Bank raised its price target from EUR 190.00 to EUR 192.00 and retained a Buy rating, according to MarketScreener.

Deutsche Bank lifts target to EUR 192

The revised target stands EUR 22.95 above the Lang & Schwarz price, which equals 13.58 percent above the price. The target change is modest in absolute terms, but it places the analyst view above the stock's October 1 quotation and keeps the rating constructive.

The Deutsche Bank note also points to Air Liquide's investor day on October 5, 2026. The company is expected to present a new four-year strategy plan and an updated financial framework covering growth, margins and capital allocation, according to the same MarketScreener report.

Balance sheet adds a second test

Air Liquide's investor materials list net debt of EUR 8.416 billion and gross debt of EUR 12.378 billion for fiscal year 2025, alongside a 31.20 percent gearing ratio, according to the company's investor relations page. Those figures make capital allocation a measurable part of the October strategy update rather than a purely narrative event.

The stock's market capitalization was EUR 107.6 billion as of October 1, 2026. Its 52-week range was EUR 140.78 to EUR 189.81, leaving the Lang & Schwarz price EUR 20.76 below the high, or 10.94 percent below that level.

Air Liquide stock stays below its yearly high

Air Liquide was trading at EUR 169.05 at Lang & Schwarz on October 1, 2026 at 3:31 p.m. CEST, down 0.51 percent versus the EUR 169.91 prior close. The further course of trading is shown by the continuously updated real-time quote of Air Liquide stock.

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