Akzo Nobel NV (AKZA) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Akzo Nobel NV (AMS:AKZA) have received an average rating of “Buy” from the eleven ratings firms that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is €88.19 ($102.55).

Several analysts have recently commented on AKZA shares. JPMorgan Chase & Co. set a €78.00 ($90.70) target price on shares of Akzo Nobel and gave the stock a “sell” rating in a research note on Friday, March 29th. HSBC set a €84.00 ($97.67) target price on shares of Akzo Nobel and gave the stock a “neutral” rating in a research note on Thursday, March 14th. Barclays set a €89.00 ($103.49) target price on shares of Akzo Nobel and gave the stock a “buy” rating in a research note on Thursday, April 11th. Morgan Stanley set a €85.00 ($98.84) price objective on shares of Akzo Nobel and gave the company a “neutral” rating in a research note on Wednesday, April 10th. Finally, UBS Group set a €88.00 ($102.33) price objective on shares of Akzo Nobel and gave the company a “buy” rating in a research note on Thursday, April 11th.

Akzo Nobel has a 52 week low of €71.64 ($83.30) and a 52 week high of €83.09 ($96.62).

About Akzo Nobel

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, Paints and Coatings, and Specialty Chemicals. The Decorative Paints segment’s business operations include Decorative Paints Europe, Middle East and Africa; Decorative Paints Asia, and Decorative Paints Latin America.

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Analyst Recommendations for Akzo Nobel (AMS:AKZA)

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