Axalta Coating Systems (AXTA) Stock Forecast & Price Target

$34.87

+0.37 (+1.07%)

(As of 07/26/2024 ET)

Axalta Coating Systems - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 13 Analyst Ratings

Based on 13 Wall Street analysts who have issued ratings for Axalta Coating Systems in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 1 has given a sell rating, 3 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for AXTA.

Consensus Price Target

$38.50
10.41% Upside

High Forecast	$45.00
Average Forecast	$38.50
Low Forecast	$31.00

According to the 13 analysts' twelve-month price targets for Axalta Coating Systems, the average price target is $38.50. The highest price target for AXTA is $45.00, while the lowest price target for AXTA is $31.00. The average price target represents a forecasted upside of 10.41% from the current price of $34.87.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Moderate Buy
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	5 Buy rating(s)	11 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$38.50	$38.23	$35.70	$32.76
Forecasted Upside	10.41% Upside	14.06% Upside	14.38% Upside	14.96% Upside

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AXTA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

AXTA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Axalta Coating Systems Stock vs. The Competition

Type	Axalta Coating Systems	Basic Materials Companies	S&P 500
Consensus Rating Score	2.69	2.64	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	10.41% Upside	306.27% Upside	9.09% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/9/2024	UBS Group 4 of 5 stars		Lower Target	Neutral ➝ Neutral	$39.00 ➝ $38.00	+11.96%
6/11/2024	Wells Fargo & Company 3 of 5 stars	M. Sison Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
5/21/2024	Mizuho 2 of 5 stars		Boost Target	Buy ➝ Buy	$38.00 ➝ $41.00	+16.38%
5/3/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$39.00 ➝ $42.00	+19.69%
5/2/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$38.00 ➝ $40.00	+14.42%
5/2/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$38.00 ➝ $40.00	+14.42%
Get the Latest News and Ratings for AXTA and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Axalta Coating Systems and its competitors with MarketBeat's FREE daily newsletter.
5/2/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$42.00 ➝ $45.00	+28.61%
5/2/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$38.00 ➝ $40.00	+14.32%
5/2/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$35.00 ➝ $40.00	+16.92%
4/10/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$38.00 ➝ $40.00	+21.88%
3/1/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Peer Perform
8/4/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight ➝ Equal Weight	$32.00	+8.47%
8/2/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underperform ➝ Underperform	$29.00 ➝ $31.00	+5.08%
7/5/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$36.00 ➝ $37.00	+12.77%
5/8/2023	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Harrison Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
4/3/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$26.00 ➝ $28.00	-9.68%
1/30/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$25.00 ➝ $40.00	+36.66%
10/28/2022	Exane BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Laurent Guy Favre Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral	$27.00	+13.59%
10/13/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$29.00	+36.28%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:33 AM ET.

AXTA Forecast - Frequently Asked Questions

What is Axalta Coating Systems' forecast for 2024?: According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Axalta Coating Systems is $38.50, with a high forecast of $45.00 and a low forecast of $31.00.
Should I buy or sell Axalta Coating Systems stock right now?: 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Axalta Coating Systems in the last twelve months. There is currently 1 sell rating, 3 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AXTA shares.
Does Axalta Coating Systems's stock price have much upside?: According to analysts, Axalta Coating Systems's stock has a predicted upside of 14.47% based on their 12-month stock forecasts.
Has Axalta Coating Systems been upgraded by Wall Street analysts recently?: Over the previous 90 days, Axalta Coating Systems's stock had 1 upgrade by analysts.
What analysts cover Axalta Coating Systems?: Axalta Coating Systems has been rated by research analysts at Barclays, BMO Capital Markets, JPMorgan Chase & Co., KeyCorp, Mizuho, Robert W. Baird, Royal Bank of Canada, UBS Group, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Axalta Coating Systems more than its competitors?: Analysts like Axalta Coating Systems more than other "basic materials" companies. The consensus rating score for Axalta Coating Systems is 2.69 while the average consensus rating score for "basic materials" companies is 2.64. Learn more on how AXTA compares to other companies.