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

Shares of Akzo Nobel NV (OTCMKTS:AKZOY) have received an average rating of “Hold” from the eight brokerages that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating on the company.

AKZOY has been the topic of several research reports. Citigroup lowered shares of Akzo Nobel from a “neutral” rating to a “sell” rating in a research report on Monday, July 8th. Macquarie reissued a “neutral” rating on shares of Akzo Nobel in a research report on Tuesday, July 9th. Zacks Investment Research raised shares of Akzo Nobel from a “sell” rating to a “hold” rating in a research report on Tuesday, July 23rd. Finally, ABN Amro lowered shares of Akzo Nobel from a “buy” rating to a “hold” rating in a research report on Monday, April 8th.

Shares of OTCMKTS AKZOY traded down $0.16 during midday trading on Friday, hitting $30.93. The company’s stock had a trading volume of 30,437 shares, compared to its average volume of 27,029. The company’s fifty day simple moving average is $31.18. Akzo Nobel has a one year low of $25.61 and a one year high of $33.00. The company has a quick ratio of 1.75, a current ratio of 2.07 and a debt-to-equity ratio of 0.23. The stock has a market cap of $21.26 billion, a price-to-earnings ratio of 37.72, a price-to-earnings-growth ratio of 8.19 and a beta of 0.72.

About Akzo Nobel

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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Analyst Recommendations for Akzo Nobel (OTCMKTS:AKZOY)

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