Akzo Nobel NV (OTCMKTS:AKZOY) Receives Consensus Recommendation of “Hold” from Analysts

Akzo Nobel NV (OTCMKTS:AKZOY) has been given an average recommendation of “Hold” by the seven brokerages that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company.

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A number of analysts recently commented on the company. Berenberg Bank assumed coverage on Akzo Nobel in a research report on Wednesday, September 4th. They set a “sell” rating for the company. Zacks Investment Research raised Akzo Nobel from a “sell” rating to a “hold” rating in a research report on Friday.

Shares of Akzo Nobel stock traded up $0.19 on Tuesday, hitting $32.05. 19,738 shares of the company’s stock traded hands, compared to its average volume of 52,259. The company has a market capitalization of $19.60 billion, a price-to-earnings ratio of 39.09, a price-to-earnings-growth ratio of 1.45 and a beta of 0.76. Akzo Nobel has a one year low of $25.61 and a one year high of $33.00. The company has a fifty day moving average of $30.36 and a two-hundred day moving average of $30.06. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.76 and a quick ratio of 1.42.

Akzo Nobel (OTCMKTS:AKZOY) last issued its quarterly earnings data on Wednesday, October 23rd. The basic materials company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.34 by $0.02. The firm had revenue of $2.67 billion during the quarter. Akzo Nobel had a return on equity of 5.75% and a net margin of 70.34%. Equities research analysts anticipate that Akzo Nobel will post 1.19 earnings per share for the current year.

Akzo Nobel Company Profile

Akzo Nobel N.V. operates as a paints and coatings company worldwide. The company offers decorative paints, including paints, lacquers, and varnishes; a range of mixing machines and color concepts for the building and renovation industry; and specialty coatings for metal, wood, and other building materials primarily under the Dulux, Coral, Levis, and Flexa brands.

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Analyst Recommendations for Akzo Nobel (OTCMKTS:AKZOY)

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