Other equities research analysts have also recently issued research reports about the stock. HSBC reissued a “buy” rating on shares of Akzo Nobel in a research report on Tuesday, June 22nd. Zacks Investment Research cut shares of Akzo Nobel from a “hold” rating to a “sell” rating in a research report on Wednesday. Kepler Capital Markets raised shares of Akzo Nobel from a “reduce” rating to a “hold” rating in a research report on Thursday, July 1st. Barclays reaffirmed an “overweight” rating on shares of Akzo Nobel in a research report on Friday, July 2nd. Finally, UBS Group reaffirmed a “neutral” rating on shares of Akzo Nobel in a research report on Wednesday, July 14th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $46.00.
AKZOY stock traded down $0.81 during midday trading on Thursday, reaching $39.76. 25,885 shares of the company were exchanged, compared to its average volume of 35,830. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.64 and a quick ratio of 1.26. The stock’s 50-day simple moving average is $42.20. Akzo Nobel has a one year low of $30.91 and a one year high of $44.14. The firm has a market capitalization of $23.08 billion, a price-to-earnings ratio of 26.33, a price-to-earnings-growth ratio of 1.47 and a beta of 1.01.
About Akzo Nobel
Akzo Nobel N.V. operates as a paints and coatings company worldwide. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings for metal, wood and other building materials.
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