Economy

Axalta Coating Systems Ltd. (AXTA) Price And Consensus

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.



Like this

loading...

Latest


07 October 2017
Is a Mass. ban on bump stocks on the fast track?
David Linsky has filed legislation that would ban the sale and possession of bump stocks in the commonwealth. Investigators said they were found on 12 of the Las Vegas gunman's rifles.

07 October 2017
NextEra Energy Partners, LP Com (NYSE:NEP) Trading Volume Significantly Lower
The institutional investor owned 13,902 shares of the utilities provider's stock after selling 1,487 shares during the period. The stock of United States Cellular Corp (NYSE:USM) earned "Mkt Perform" rating by Raymond James on Monday, February 27.

07 October 2017
Does Justin Bieber Have A New Girlfriend?
The couple returned to church a few days ago, where, according to reports, " Justin wanted Paola to meet the pastor". The two were spotted leaving Bieber's church on Wednesday night at the Saban Theater in Beverly Hills.

07 October 2017
Condemn issuing of fatwa by religious leaders on social media: Pak Minister
The minister said during the last four years, the country has successfully carried out Zarb-e-Azb and Raddul Fasaad operations. "We need to prevent that from happening and I humbly request religious leaders to condemn the fatwas posted on social media".

07 October 2017
Suge Knight Claims Dr. Dre Paid $20k to Have Him Killed
Recent court filings include a declaration from Knight in which he claims to have been shown a $20,000 check with Dr. Dre's legal team have branded the accusations "absurd", and other than that, have yet to issue further comment.

07 October 2017
How Have Wyndham Worldwide Corporation (WYN) EPS Outlook Changed?
Zacks Investment Research lowered Wyndham Worldwide Corp from a "hold" rating to a "sell" rating in a report on Thursday. Over the past three months, Park Hotels & Resorts Inc. insiders have been net sellers, acquiring a net of 21,062 shares.

07 October 2017
Cooper Tire & Rubber Company (NYSE:CTB) Traded Over Its 50 Day Average
The value of the investment in (GT) increased from $622,000 to $1,203,000,000 a change of $1,202,378,000 since the last quarter. The insider Hall Conrad M. bought $352,400. 6,250 shares valued at $220,766 were sold by McClellan Stephen R on Tuesday, May 9.

07 October 2017
Kylie Jenner's pregnancy 'struggle' continues as abortion speculation grows
Pictured: Jenner attends the MET Gala on May 1, 2017 in New York City. She wants Scott to have fun and enjoy nights out with his boys.

07 October 2017
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) Experiences Lighter than Average Trading Volume
Finally, Janney Montgomery Scott LLC lifted its position in shares of BioCryst Pharmaceuticals by 4.7% during the second quarter. Noble Financial reissued a "buy" rating on shares of BioCryst Pharmaceuticals in a research note on Tuesday, August 8th.

07 October 2017
Harry Kane should be permanent England captain, says Tim Sherwood
There was an admission to one guilty pleasure - "apple crumble" - but everything else had Southgate purring at his side. Kane has 13 goals in eight games for club and country this month after recovering once again from his August goal curse.