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3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
The 3-Stock Retirement Blueprint (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
The 3-Stock Retirement Blueprint (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
The 3-Stock Retirement Blueprint (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
The 3-Stock Retirement Blueprint (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
The 3-Stock Retirement Blueprint (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
The 3-Stock Retirement Blueprint (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
The 3-Stock Retirement Blueprint (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
The 3-Stock Retirement Blueprint (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
The 3-Stock Retirement Blueprint (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving

Akzo Nobel (OTCMKTS:AKZOY) Price Target Raised to €80.00 at Credit Suisse Group

Akzo Nobel (OTCMKTS:AKZOY - Get Rating) had its price objective upped by equities researchers at Credit Suisse Group from €76.00 ($78.35) to €80.00 ($82.47) in a note issued to investors on Wednesday, The Fly reports. The brokerage presently has an "outperform" rating on the basic materials company's stock.

Several other analysts have also recently commented on AKZOY. Berenberg Bank lowered their price target on Akzo Nobel from €81.00 ($83.51) to €77.00 ($79.38) and set a "buy" rating for the company in a report on Thursday, October 27th. Jefferies Financial Group upgraded shares of Akzo Nobel from a "hold" rating to a "buy" rating in a report on Friday, July 22nd. Redburn Partners upgraded Akzo Nobel from a "neutral" rating to a "buy" rating in a report on Tuesday, September 6th. Citigroup reduced their target price on Akzo Nobel to €73.00 ($75.26) in a report on Wednesday, October 26th. Finally, Kepler Capital Markets upgraded Akzo Nobel from a "reduce" rating to a "hold" rating and set a €58.00 ($59.79) price objective on the stock in a report on Thursday, October 13th. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $81.82.

Akzo Nobel Stock Performance

OTCMKTS AKZOY traded down $0.12 during trading hours on Wednesday, hitting $24.12. 92,336 shares of the stock were exchanged, compared to its average volume of 211,437. Akzo Nobel has a 12-month low of $17.85 and a 12-month high of $39.32. The stock has a 50-day moving average of $20.49 and a 200 day moving average of $23.01. The company has a market cap of $13.14 billion, a price-to-earnings ratio of 22.54, a price-to-earnings-growth ratio of 6.03 and a beta of 1.09. The company has a quick ratio of 0.82, a current ratio of 1.17 and a debt-to-equity ratio of 0.63.


Akzo Nobel (OTCMKTS:AKZOY - Get Rating) last posted its quarterly earnings results on Thursday, October 20th. The basic materials company reported $0.19 earnings per share for the quarter. Akzo Nobel had a net margin of 5.08% and a return on equity of 9.31%. The business had revenue of $2.88 billion for the quarter. As a group, equities research analysts forecast that Akzo Nobel will post 0.97 earnings per share for the current year.

About Akzo Nobel

(Get Rating)

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings for metal, wood, and other building materials.

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Analyst Recommendations for Akzo Nobel (OTCMKTS:AKZOY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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