Economy

Axalta Coating Systems Ltd. (AXTA) Price And Consensus

BidaskClub upgraded shares of Axalta Coating Systems from a "hold" rating to a "buy" rating in a research report on Tuesday, June 20th.

Other equities analysts have also issued reports about the company. Norman Fields Gottscho Capital Management LLC boosted its position in shares of Axalta Coating Systems by 0.7% during the third quarter. Citigroup Inc. cut their target price on Axalta Coating Systems from $33.00 to $31.00 and set a "buy" rating on the stock in a report on Monday, August 7th.

Receive Axalta Coating Systems Ltd. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axalta Coating Systems Ltd. with MarketBeat.com's FREE daily email newsletter. Finally, Barclays PLC restated an "equal weight" rating and set a $33.00 target price (down from $34.00) on shares of Axalta Coating Systems in a report on Friday, August 4th.

Among 18 analysts covering Axalta Coating Systems (NYSE:AXTA), 12 have Buy rating, 1 Sell and 5 Hold. The median estimate represents a 9.93% increase from the last price.

Mountain Lake Investment Management LLC trimmed its stake in shares of Axalta Coating Systems Ltd (NASDAQ:AXTA) by 71.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. Axalta Coating Systems has a 12 month low of $24.27 and a 12 month high of $34.10. The stock is now moving below its 20-Day Simple Moving Average of -0.08% with a 50-Day Simple Moving Average of -1.81 percent. The firm's stock has a market capitalization of $7.3 bln.

Axalta Coating Systems Ltd. (NYSE:AXTA) soared 10.37% year-to-date. The specialty chemicals company reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.39 by ($0.08). During the same quarter in the prior year, the business earned $0.34 earnings per share. This works out to an increase of 19.09% compared to last year's earnings. Axalta Coating Systems Ltd. has 243.25 million shares outstanding, and in the last trade has seen ATR around 0.37. If you are accessing this story on another publication, it was stolen and reposted in violation of United States and worldwide copyright legislation. The legal version of this story can be accessed at https://stocknewstimes.com/2017/10/04/axalta-coating-systems-ltd-axta-holdings-lowered-by-mountain-lake-investment-management-llc.html. To do this, analysts often study the speed and magnitude of a stock's price movements with what are known as momentum indicators. Financial Counselors Inc. now owns 7,145 shares of the specialty chemicals company's stock valued at $229,000 after buying an additional 225 shares in the last quarter. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

COPYRIGHT VIOLATION NOTICE: "Michael A. Cash Sells 34,874 Shares of Axalta Coating Systems Ltd (AXTA) Stock" was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. The stock was purchased at an average price of $28.16 per share, for a total transaction of $112,640.00. The disclosure for this sale can be found here.

A number of other large investors also recently added to or reduced their stakes in the stock. Leith Wheeler Investment Counsel Ltd. grew its position in Axalta Coating Systems by 30.7% during the third quarter. The institutional investor owned 85,500 shares of the specialty chemicals company's stock after selling 209,500 shares during the quarter.

As of quarter end William Blair Investment Management, LLC had sold 151,273 shares trimming its holdings by 3.0%.

04/21/2017 - Axalta Coating Systems Ltd. was downgraded to "neutral" by analysts at Instinet. Advisor Group Inc. now owns 5,603 shares of the specialty chemicals company's stock valued at $179,000 after acquiring an additional 3,837 shares in the last quarter. Burgundy Asset Management Ltd. boosted its position in shares of Axalta Coating Systems by 2.3% during the second quarter. Verition Fund Management LLC now owns 17,345 shares of the specialty chemicals company's stock worth $556,000 after buying an additional 2,638 shares during the period.

02/14/2017 - Evercore ISI began new coverage on Axalta Coating Systems Ltd. giving the company a "buy" rating. It provides a range of performance and transportation coatings for manufacturers of light and commercial vehicles, the refinish aftermarket and for many industrial applications. The company offers waterborne and solvent borne coatings; liquid and powder coatings; and liquid coatings.



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