Analysts say AkzoNobel's potential is underestimated

It seems AkzoNobel 's stock trades with a discount. Most of the analysts say the stock AkzoNobel is cheap now. At this moment 14 analysts follow the company. The recommendations for the stock contain 1 times sell, 3 times hold and no buys. The average of the actual target prices for the stock equals 85,83 euros. This is at around 14 percent more than the current price of 73,68 euros.

Credit Suisse , Barclays and UBS recently provided recommendations for the stock.

Estimates for AkzoNobel not very concentrated

equity research

Based on the current number of shares AkzoNobel 's market capitalization equals 18,58 billion euros. The AkzoNobel stock was the past 12 months quite unstable. Since last November the stock is 4 percent higher. This year the stock price moved between 71 and 84 euro. Since 2008 the stock price is almost 146 percent higher.

Historical stock prices AkzoNobel

equity research akzonobel

At 17.36 the stock trades 1,23 percent lower at 73,68 euros.

Analist.nl Nieuwsdienst: +31 084-0032-842
nieuws@analist.nl

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. Analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.