Impact of Brokerage Rating on Axalta Coating Systems Ltd.(AXTA)

Many Axalta Coating Systems Ltd.(AXTA) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Axalta Coating Systems Ltd was Reiterated by RBC Capital Mkts on Feb 9, 2017 to Outperform, Lowers Price Target to $ 3 from a previous price target of $31 .Axalta Coating Systems Ltd was Downgraded by Gabelli & Co to Hold on Feb 9, 2017. Axalta Coating Systems Ltd was Downgraded by Citigroup to Neutral on Jan 9, 2017. Company shares were Reiterated by Barclays on Dec 28, 2016 to Equal Weight, Raises Price Target to $ 31 from a previous price target of $30 .

Company has reported several Insider transactions to the SEC, on Feb 3, 2017, Joseph F. Mcdougall (SVP&Chief Human Resources Off.) sold 1,440 shares at 29.48 per share price.On Feb 3, 2017, Steven R. Markevich (EVP & Pres., Trans. Coatings) sold 1,691 shares at 29.49 per share price.On Feb 3, 2017, Michael F. Finn (SVP & General Counsel) sold 981 shares at 29.51 per share price.

Axalta Coating Systems Ltd Last issued its quarterly earnings results on Feb 8, 2017. The company reported $0.28 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.29. The company had revenue of $1029.40 million for the quarter, compared to analysts expectations of $1021.48 million. The companys revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.

Axalta Coating Systems Ltd. (NYSE:AXTA) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.82 by 11 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold.

Axalta Coating Systems Ltd. (NYSE:AXTA): 9 analysts have set the short term price target of Axalta Coating Systems Ltd. (NYSE:AXTA) at $32.22. The standard deviation of short term price target has been estimated at $2.82, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 35 and $27 respectively.

Axalta Coating Systems Ltd. (NYSE:AXTA) rose 0.03% or 0.01 points on Tuesday and made its way into the gainers of the day. After trading began at $29.77 the stock was seen hitting $30.11 as a peak level and $29.56 as the lowest level. The stock ended up at $29.66. The daily volume was measured at 1,253,789 shares. The 52-week high of the share price is $30.45 and the 52-week low is $23.38. The company has a market cap of $7,132 million.

Axalta Coating Systems Ltd. is a global coatings company engaged in the manufacturing, marketing and distribution of coatings systems. The company offers waterborne and solvent borne coatings; liquid and powder coatings; and liquid coatings. 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 Companys products and services include paint, color matching tools, application technologies and customer training, support and business management systems. Axalta Coating Systems Ltd. is headquartered in Philadelphia, Pennsylvania.

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