TOday’s Movers: Axalta Coating Systems Ltd (NYSE:AXTA) Stock Rating Maintained at UBS; $37 Target Price Indicates 12.26 % Potential

November 7, 2017 - By Nellie Frank

 TOday’s Movers: Axalta Coating Systems Ltd (NYSE:AXTA) Stock Rating Maintained at UBS; $37 Target Price Indicates 12.26 % Potential

Axalta Coating Systems Ltd (NYSE:AXTA) Rating Reaffirmed

In analysts note published on Friday morning, The Buy rating of Axalta Coating Systems Ltd (NYSE:AXTA) shares was maintained by Analysts at UBS, who now has a $37 PT on the stock. UBS’s PT means a possible upside of 12.26 % from the previous close of the company.

Axalta Coating Systems Ltd (NYSE:AXTA) Ratings Coverage

Among 20 analysts covering Axalta Coating Systems (NYSE:AXTA), 13 have Buy rating, 1 Sell and 6 Hold. Therefore 65% are positive. Axalta Coating Systems has $37 highest and $3.0 lowest target. $34.07’s average target is 3.37% above currents $32.96 stock price. Axalta Coating Systems had 55 analyst reports since September 2, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, July 3 by RBC Capital Markets. The stock has “Buy” rating by RBC Capital Markets on Tuesday, May 30. The stock of Axalta Coating Systems Ltd (NYSE:AXTA) earned “Buy” rating by Nomura on Tuesday, October 10. The rating was upgraded by Vertical Research to “Buy” on Tuesday, October 31. Citigroup upgraded Axalta Coating Systems Ltd (NYSE:AXTA) rating on Monday, October 30. Citigroup has “Hold” rating and $34.0 target. As per Thursday, February 9, the company rating was maintained by RBC Capital Markets. As per Wednesday, September 6, the company rating was maintained by Jefferies. The firm earned “Buy” rating on Tuesday, February 16 by Jefferies. The firm has “Buy” rating by RBC Capital Markets given on Monday, October 9. The stock of Axalta Coating Systems Ltd (NYSE:AXTA) earned “Outperform” rating by RBC Capital Markets on Monday, February 8.

About 912,072 shares traded. Axalta Coating Systems Ltd (NYSE:AXTA) has risen 13.74% since November 7, 2016 and is uptrending. It has underperformed by 2.96% the S&P500.

Axalta Coating Systems Ltd. is a holding company. The company has market cap of $8.03 billion. The Firm is a manufacturer, marketer and distributor of coatings systems primarily serving the transportation industry. It has a 113.68 P/E ratio. The Company’s divisions include Performance Coatings and Transportation Coatings.

More recent Axalta Coating Systems Ltd (NYSE:AXTA) news were published by: Wsj.com which released: “Akzo Nobel, Axalta Confirm Merger Talks” on October 30, 2017. Also Businessinsider.com published the news titled: “Akzo Nobel is in talks to merge with a smaller US rival” on October 30, 2017. Streetinsider.com‘s news article titled: “Axalta Coating Systems (AXTA) Updates Q3 Gudiance” with publication date: October 09, 2017 was also an interesting one.

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