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

Shares of Akzo Nobel NV (OTCMKTS:AKZOY) have earned a consensus rating of “Hold” from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of analysts have recently issued reports on AKZOY shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Akzo Nobel in a research report on Monday, June 29th. Oddo Bhf upgraded Akzo Nobel from a “neutral” rating to an “outperform” rating in a research report on Monday, September 28th.

Akzo Nobel Stock Performance

Shares of OTCMKTS AKZOY opened at $21.61 on Tuesday. Akzo Nobel has a 12 month low of $18.04 and a 12 month high of $25.99. The company has a quick ratio of 1.49, a current ratio of 1.88 and a debt-to-equity ratio of 1.09. The company has a market cap of $11.10 billion, a P/E ratio of 15.11, a P/E/G ratio of 1.76 and a beta of 1.16. The business’s 50 day moving average is $22.86 and its two-hundred day moving average is $21.76.

Akzo Nobel (OTCMKTS:AKZOY) last announced its quarterly earnings data on Wednesday, July 22nd. The basic materials company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.04). Akzo Nobel had a return on equity of 12.77% and a net margin of 6.49%.The company had revenue of $2.95 billion during the quarter, compared to analyst estimates of $2.96 billion. On average, equities analysts expect that Akzo Nobel will post 1.45 EPS for the current 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.