Shares of Akzo Nobel NV (OTCMKTS:AKZOY) reached a new 52-week high on Thursday . The company traded as high as $34.77 and last traded at $34.55, with a volume of 18623 shares changing hands. The stock had previously closed at $33.82.
Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Akzo Nobel in a research note on Monday, September 14th. ING Group upgraded shares of Akzo Nobel from a “hold” rating to a “buy” rating in a report on Monday, June 15th. Deutsche Bank restated a “buy” rating on shares of Akzo Nobel in a research report on Friday, June 12th. Berenberg Bank reaffirmed a “buy” rating on shares of Akzo Nobel in a report on Friday, July 24th. Finally, UBS Group reissued a “buy” rating on shares of Akzo Nobel in a research note on Wednesday, July 8th. One research analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. Akzo Nobel has a consensus rating of “Buy” and a consensus price target of $36.00.
The firm has a market capitalization of $19.63 billion, a P/E ratio of 37.17, a price-to-earnings-growth ratio of 0.97 and a beta of 1.10. The stock has a 50-day simple moving average of $33.07 and a two-hundred day simple moving average of $28.41. The company has a current ratio of 1.63, a quick ratio of 1.22 and a debt-to-equity ratio of 0.46.
Akzo Nobel Company Profile (OTCMKTS:AKZOY)
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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