Akzo Nobel (AKZOY) Rating Increased to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of Akzo Nobel (NASDAQ:AKZOY) from a sell rating to a hold rating in a research note published on Tuesday morning.

According to Zacks, “AkzoNobel is a leading global paints and coatings company and a major producer of specialty chemicals. Their portfolio includes brands such as Dulux, Sikkens, International, Interpon and Eka. “

Several other equities research analysts have also recently issued reports on the company. HSBC began coverage on Akzo Nobel in a report on Friday, September 16th. They set a reduce rating on the stock. Credit Suisse Group AG cut Akzo Nobel from an outperform rating to a neutral rating in a report on Thursday, July 21st.

Akzo Nobel (NASDAQ:AKZOY) opened at 23.05 on Tuesday. The firm has a market capitalization of $17.42 billion and a PE ratio of 15.02. The stock’s 50 day moving average price is $22.48 and its 200 day moving average price is $22.28. Akzo Nobel has a 52-week low of $18.73 and a 52-week high of $24.45.

About Akzo Nobel

Akzo Nobel N.V. is a paints and coatings company, and a producer of specialty chemicals. The Company operates in business areas, such as include Decorative Paints, Performance Coatings, Specialty Chemicals, and Corporate and other. Its Decorative Paints segment supplies a range of products, including paints, lacquers and varnishes.

5 Day Chart for NASDAQ:AKZOY

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