Shares of Akzo Nobel NV (OTCMKTS:AKZOY) have been assigned an average rating of “Buy” from the seven ratings firms that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the company.
AKZOY has been the subject of a number of analyst reports. Zacks Investment Research downgraded Akzo Nobel from a “hold” rating to a “sell” rating in a research note on Tuesday, December 11th. Jefferies Financial Group raised Akzo Nobel from a “hold” rating to a “buy” rating in a research note on Friday, December 7th. Finally, Goldman Sachs Group reaffirmed a “buy” rating on shares of Akzo Nobel in a research note on Monday, March 25th.
AKZOY stock traded down $0.25 during midday trading on Monday, reaching $29.54. 347,948 shares of the company were exchanged, compared to its average volume of 30,494. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.46 and a quick ratio of 1.28. Akzo Nobel has a one year low of $25.61 and a one year high of $33.00. The stock has a market cap of $20.20 billion, a price-to-earnings ratio of 15.88, a price-to-earnings-growth ratio of 8.18 and a beta of 0.73.
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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