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What Do Analysts Suggest For Axalta Coating Systems Ltd. (AXTA)

28 October 2017

Jefferies Group LLC reissued a buy rating and set a $34.00 target price (down previously from $36.00) on shares of Axalta Coating Systems in a research note on Wednesday, August 9th. As per Monday, October 19, the company rating was downgraded by CSLA.

While looking at the Stock's Performance, Axalta Coating Systems Ltd. now shows a Weekly Performance of -2.95%, where Monthly Performance is -2.31%, Quarterly performance is -11.38%, 6 Months performance is -9.66% and yearly performance percentage is 11.71%. Citigroup maintained Axalta Coating Systems Ltd (NYSE:AXTA) on Monday, April 18 with "Buy" rating. Finally, Diversified Trust Co raised its position in shares of Axalta Coating Systems by 96.3% in the second quarter. The firm has "Buy" rating by KeyBanc Capital Markets given on Tuesday, September 5. The stock presently has an average rating of "Buy" and an average price target of $32.69.

Axalta Coating Systems (AXTA) traded up 16.97% during mid-day trading on Monday, hitting $33.15. The specialty chemicals company reported $0.26 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.23 by $0.03, Bloomberg Earnings reports. The stock of Axalta Coating Systems Ltd (NYSE:AXTA) has "Neutral" rating given on Thursday, October 29 by JP Morgan. The company has a market capitalization of $8.06 billion and a P/E ratio of 3315.00. The company's 50-day moving average price is $29.06 and its 200 day moving average price is $30.81.

Axalta Coating Systems (NASDAQ:AXTA) last posted its earnings results on Thursday, October 26th. Newfield Exploration Company (NYSE:NFX) earnings have declined with a quarterly rate of -3.3% over the last 5 years. This estimate is provided by 11 analysts. DE owned approximately 0.13% of Axalta Coating Systems at the end of the most recent quarter. Axalta Coating Systems had a negative return on equity of 6.61% and a negative net margin of 1.73%. Including today's unusual volume, Axalta Coating Systems Ltd.'s stock is performing at 4.19% on the year.

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(AXTA) has a market cap of $7.04 billion and over the last 12 months, Axalta Coating Systems Ltd. (NYSE:AXTA) has gone stronger by 12.24%. If you are reading this article on another site, it was illegally copied and republished in violation of U.S. and worldwide copyright and trademark law.

A number of other analysts also recently commented on the stock. The shares were sold at an average price of $28.05, for a total value of $25,834.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The stock was sold at an average price of $30.00, for a total transaction of $1,046,220.00. Following the transaction, the executive vice president now directly owns 201,393 shares of the company's stock, valued at $5,924,982.06. The disclosure for this sale can be found here. Also, EVP Steven R. Markevich sold 160,000 shares of the firm's stock in a transaction that occurred on Friday, September 1st. Delta Lloyd Asset Management N.V. acquired a new stake in shares of Axalta Coating Systems in the second quarter worth about $2,564,000. Engineers Gate Manager LP lifted its position in shares of Axalta Coating Systems by 46.7% in the second quarter. Commonwealth Bank of Australia now owns 4,581 shares of the specialty chemicals company's stock worth $146,000 after purchasing an additional 703 shares during the period. Ltd. increased its holdings in shares of Axalta Coating Systems by 2.4% during the first quarter. Of the analysts surveyed by Reuters that track Newfield Exploration Company 8 of them rate its stock a hold. Finally, Advisor Group Inc. boosted its position in shares of Axalta Coating Systems by 217.3% during the 2nd quarter. AXTA has diverse figures for different time frames; starting from week's performance moved down -2.95% in last five regular trading sessions. Streetinsider.com's news article titled: "Axalta Coating Systems (AXTA) Updates Q3 Gudiance" with publication date: October 09, 2017 was also an interesting one. The Company is a manufacturer, marketer and distributor of coatings systems primarily serving the transportation industry.

Measuring performance of long timeframe can help for taking more accurate investment decision that includes quarter, semi-annual and annual performance.