Akzo Nobel (AKZOY) Earns Buy Rating from Goldman Sachs Group
A number of other equities analysts have also commented on AKZOY. Zacks Investment Research lowered shares of Akzo Nobel from a hold rating to a sell rating in a research note on Thursday, January 17th. Jefferies Financial Group raised shares of Akzo Nobel from a hold rating to a buy rating in a research note on Friday, December 7th. Finally, Macquarie assumed coverage on shares of Akzo Nobel in a research note on Thursday, November 29th. They issued an outperform rating for the company. One investment analyst has rated the stock with a sell rating and seven have issued a buy rating to the company’s stock. Akzo Nobel presently has an average rating of Buy and a consensus target price of $32.00.
Shares of OTCMKTS:AKZOY opened at $29.93 on Monday. The company has a market cap of $20.47 billion, a P/E ratio of 16.09, a price-to-earnings-growth ratio of 8.22 and a beta of 0.73. Akzo Nobel has a 1-year low of $25.61 and a 1-year high of $33.00. The company has a quick ratio of 1.28, a current ratio of 1.46 and a debt-to-equity ratio of 0.35.
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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