Akzo Nobel NV (AKZOY) Receives Consensus Recommendation of “Hold” from Analysts

Akzo Nobel NV (OTCMKTS:AKZOY) has received a consensus rating of “Hold” from the eight analysts that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and two have given a buy recommendation to the company.

A number of equities analysts have recently commented on AKZOY shares. Zacks Investment Research lowered shares of Akzo Nobel NV from a “buy” rating to a “hold” rating in a report on Friday, July 7th. ValuEngine upgraded shares of Akzo Nobel NV from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Societe Generale lowered shares of Akzo Nobel NV from a “buy” rating to a “hold” rating in a report on Monday, September 25th.

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The company has a debt-to-equity ratio of 0.39, a current ratio of 1.34 and a quick ratio of 0.97. The company has a market capitalization of $22.66 billion, a P/E ratio of 19.70, a price-to-earnings-growth ratio of 1.66 and a beta of 1.10.

Akzo Nobel NV (OTCMKTS:AKZOY) last posted its earnings results on Wednesday, October 18th. The basic materials company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.06). The company had revenue of $4.26 billion for the quarter. Akzo Nobel NV had a return on equity of 15.10% and a net margin of 6.13%. analysts expect that Akzo Nobel NV will post 1.63 EPS for the current year.

Akzo Nobel NV Company Profile

Akzo Nobel N.V. is a paints and coatings company, and a producer of specialty chemicals. The Company’s segments include Decorative Paints, Performance Coatings, Specialty Chemicals, and Corporate and other. The Decorative Paints segment’s business operations include Decorative Paints Europe, Middle East and Africa; Decorative Paints Asia, and Decorative Paints Latin America.

Analyst Recommendations for Akzo Nobel NV (OTCMKTS:AKZOY)

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