Akzo Nobel NV (AKZOY) – What Are Analysts Thinking About This Stock?

Shares of Akzo Nobel NV (OTCMKTS:AKZOY) have been given a consensus recommendation of “Hold” by the nine brokerages that are covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several analysts have recently weighed in on the stock. Oddo Bhf upgraded shares of Akzo Nobel from a “neutral” rating to an “outperform” rating in a research report on Monday, September 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Akzo Nobel in a report on Monday, June 29th.

Akzo Nobel Stock Down 0.3%

Shares of Akzo Nobel stock opened at $21.55 on Tuesday. The company has a quick ratio of 1.49, a current ratio of 1.88 and a debt-to-equity ratio of 1.09. Akzo Nobel has a 52-week low of $18.04 and a 52-week high of $25.99. The company has a market capitalization of $11.07 billion, a P/E ratio of 15.07, a P/E/G ratio of 1.76 and a beta of 1.16. The company has a 50 day moving average of $22.82 and a 200 day moving average of $21.75.

Akzo Nobel (OTCMKTS:AKZOY) last announced its quarterly earnings results on Wednesday, July 22nd. The basic materials company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.04). The business had revenue of $2.95 billion for the quarter, compared to analysts’ expectations of $2.96 billion. Akzo Nobel had a return on equity of 12.77% and a net margin of 6.49%. As a group, research analysts forecast that Akzo Nobel will post 1.45 EPS for the current fiscal year.

Akzo Nobel Company Profile

Akzo Nobel N.V. is a Netherlands-based global paints and coatings company serving customers in the construction, automotive, aerospace, marine, consumer goods, and industrial markets. Its products are used to protect, decorate, and improve the performance of buildings, vehicles, equipment, and manufactured products.

The company offers decorative paints, protective coatings, powder coatings, wood finishes, and specialty coatings. Its portfolio includes well-known brands such as Dulux, Sikkens, International, Interpon, Sadolin, and Hammerite.