a day ago
Akzo Nobel NV (0A00) was downgraded to a Hold Rating at UBS
Akzo Nobel NV (0A00 – Research Report) received a Hold rating and price target from UBS analyst Geoff Haire yesterday. The company's shares closed yesterday at €58.48.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Haire is an analyst with an average return of -2.5% and a 48.18% success rate. Haire covers the Basic Materials sector, focusing on stocks such as Wacker Chemie AG, BASF SE, and Covestro.
Akzo Nobel NV has an analyst consensus of Strong Buy, with a price target consensus of €70.17.
Based on Akzo Nobel NV's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €2.61 billion and a net profit of €107 million. In comparison, last year the company earned a revenue of €2.64 billion and had a net profit of €181 million
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0A00 in relation to earlier this year.
