Research analysts at HSBC started coverage on shares of Akzo Nobel (NASDAQ:AKZOY) in a research note issued to investors on Friday. The firm set a “reduce” rating on the stock.

Several other equities analysts also recently weighed in on AKZOY. Zacks Investment Research downgraded Akzo Nobel from a “buy” rating to a “hold” rating in a research note on Tuesday, June 21st. Credit Suisse Group AG downgraded Akzo Nobel from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 21st.

Shares of Akzo Nobel (NASDAQ:AKZOY) opened at 22.36 on Friday. The firm has a 50-day moving average price of $22.31 and a 200-day moving average price of $22.24. The stock has a market cap of $16.89 billion and a P/E ratio of 14.42. Akzo Nobel has a 52-week low of $18.73 and a 52-week high of $24.45.

Akzo Nobel Company Profile

Akzo Nobel N.V. is a paints and coatings company, and a producer of specialty chemicals. The Company operates in business areas, such as include Decorative Paints, Performance Coatings, Specialty Chemicals, and Corporate and other. Its Decorative Paints segment supplies a range of products, including paints, lacquers and varnishes.

5 Day Chart for NASDAQ:AKZOY

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