Akzo Nobel (OTCMKTS:AKZOY) will release its earnings data before the market opens on Wednesday, April 24th. Analysts expect Akzo Nobel to post earnings of $0.20 per share for the quarter.
Shares of AKZOY stock opened at $29.92 on Wednesday. The company has a current ratio of 1.46, a quick ratio of 1.28 and a debt-to-equity ratio of 0.35. The firm has a market cap of $20.46 billion, a PE ratio of 16.09, a price-to-earnings-growth ratio of 8.29 and a beta of 0.72. Akzo Nobel has a 52 week low of $25.61 and a 52 week high of $33.00.
Several brokerages have recently commented on AKZOY. Zacks Investment Research upgraded Akzo Nobel from a “strong sell” rating to a “hold” rating in a report on Tuesday. ABN Amro cut Akzo Nobel from a “buy” rating to a “hold” rating in a report on Monday, April 8th. Finally, Goldman Sachs Group restated a “buy” rating on shares of Akzo Nobel in a report on Monday, April 1st. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $32.00.
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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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