Akzo Nobel NV (AMS:AKZA) Receives Average Recommendation of “Buy” from Brokerages

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Akzo Nobel NV (AMS:AKZA) has been given an average recommendation of “Buy” by the eleven ratings firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is €88.19 ($102.55).

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

Akzo Nobel has a 12-month low of €71.64 ($83.30) and a 12-month high of €83.09 ($96.62).

Akzo Nobel 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, 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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