Macquarie reaffirmed their neutral rating on shares of Akzo Nobel (OTCMKTS:AKZOY) in a report published on Tuesday, Automated Import reports.

Other equities research analysts also recently issued reports about the company. Zacks Investment Research raised Hanmi Financial from a sell rating to a hold rating in a research report on Thursday, June 20th. Goldman Sachs Group set a €148.00 ($172.09) price target on Airbus and gave the stock a buy rating in a research report on Monday, April 1st. Citigroup set a $12.00 price target on Avaya and gave the stock a hold rating in a research report on Monday. Finally, ABN Amro downgraded Akzo Nobel from a buy rating to a hold rating in a research report on Monday, April 8th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. Akzo Nobel currently has an average rating of Hold and a consensus price target of $32.00.

Shares of AKZOY opened at $31.01 on Tuesday. The stock’s 50-day moving average is $30.15. The firm has a market cap of $21.19 billion, a P/E ratio of 37.82, a P/E/G ratio of 8.59 and a beta of 0.72. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.07 and a quick ratio of 1.75. Akzo Nobel has a fifty-two week low of $25.61 and a fifty-two week high of $33.00.

Akzo Nobel (OTCMKTS:AKZOY) last announced its quarterly earnings results on Wednesday, April 24th. The basic materials company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.01). The company had revenue of $2.48 billion for the quarter. Akzo Nobel had a return on equity of 5.10% and a net margin of 71.19%. As a group, analysts predict that Akzo Nobel will post 1.03 earnings per share for the current fiscal year.

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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