Shares of Akzo Nobel NV (OTCMKTS:AKZOY) have been given an average recommendation of “Hold” by the eight brokerages that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company.
Several analysts recently weighed in on AKZOY shares. Zacks Investment Research upgraded Akzo Nobel from a “sell” rating to a “hold” rating in a research note on Monday, November 18th. Berenberg Bank began coverage on Akzo Nobel in a report on Wednesday, September 4th. They issued a “sell” rating on the stock. Finally, Morgan Stanley raised Akzo Nobel from an “equal weight” rating to an “overweight” rating in a research report on Wednesday.
Akzo Nobel stock traded up $0.45 during mid-day trading on Friday, hitting $32.30. 31,483 shares of the company’s stock were exchanged, compared to its average volume of 50,369. The company has a current ratio of 1.64, a quick ratio of 1.30 and a debt-to-equity ratio of 0.29. The stock has a market cap of $20.24 billion, a P/E ratio of 39.39, a P/E/G ratio of 1.48 and a beta of 0.76. Akzo Nobel has a 1-year low of $25.61 and a 1-year high of $33.00. The stock has a 50 day moving average of $31.60 and a two-hundred day moving average of $30.53.
About Akzo Nobel
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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