Axalta Coating Systems Ltd. (NYSE:AXTA) Given Average Rating of “Hold” by Analysts

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Axalta Coating Systems Ltd. (NYSE:AXTA – Get Rating) has been assigned an average rating of “Hold” from the nineteen ratings firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $27.96.

AXTA has been the topic of a number of research reports. Exane BNP Paribas lowered Axalta Coating Systems from an “outperform” rating to a “neutral” rating and set a $27.00 price objective on the stock. in a report on Friday, October 28th. Morgan Stanley reduced their target price on Axalta Coating Systems from $30.00 to $28.00 and set an “equal weight” rating on the stock in a report on Friday, October 28th. KeyCorp reduced their target price on Axalta Coating Systems from $31.00 to $29.00 and set an “overweight” rating on the stock in a report on Tuesday, October 4th. BNP Paribas lowered Axalta Coating Systems from an “outperform” rating to a “neutral” rating and set a $27.00 target price on the stock. in a report on Friday, October 28th. Finally, The Goldman Sachs Group began coverage on Axalta Coating Systems in a report on Thursday, October 13th. They set a “buy” rating and a $29.00 target price on the stock.

Axalta Coating Systems Stock Performance

Shares of NYSE AXTA opened at $25.67 on Friday. The company has a debt-to-equity ratio of 2.78, a current ratio of 1.98 and a quick ratio of 1.36. The stock’s fifty day moving average price is $25.18 and its two-hundred day moving average price is $24.56. Axalta Coating Systems has a one year low of $20.66 and a one year high of $34.12. The firm has a market cap of $5.66 billion, a price-to-earnings ratio of 28.84, a P/E/G ratio of 1.44 and a beta of 1.38.

Axalta Coating Systems (NYSE:AXTA – Get Rating) last issued its quarterly earnings data…

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