Akzo Nobel NV (AKZOY) Receives Average Recommendation of “Hold” from Analysts
Shares of Akzo Nobel NV (OTCMKTS:AKZOY) have been given an average rating of “Hold” by the eight research firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and two have issued a buy recommendation on the company.
Several brokerages have recently weighed in on AKZOY. ValuEngine upgraded shares of Akzo Nobel NV from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research cut shares of Akzo Nobel NV from a “hold” rating to a “sell” rating in a research note on Wednesday, October 18th. Finally, Societe Generale cut shares of Akzo Nobel NV from a “buy” rating to a “hold” rating in a research note on Monday, September 25th.
Shares of Akzo Nobel NV (OTCMKTS AKZOY) traded up $0.47 during trading hours on Thursday, hitting $31.04. The stock had a trading volume of 139,891 shares, compared to its average volume of 53,786. Akzo Nobel NV has a 12 month low of $20.21 and a 12 month high of $31.64. The firm has a market capitalization of $23,120.80, a P/E ratio of 20.11, a P/E/G ratio of 1.69 and a beta of 1.10. The company has a current ratio of 1.34, a quick ratio of 0.97 and a debt-to-equity ratio of 0.39.
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Akzo Nobel NV Company Profile
Akzo Nobel N.V. is a paints and coatings company, and a producer of specialty chemicals. The Company’s segments include Decorative Paints, Performance Coatings, Specialty Chemicals, and Corporate and other. The Decorative Paints segment’s business operations include Decorative Paints Europe, Middle East and Africa; Decorative Paints Asia, and Decorative Paints Latin America.
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