Core Viewpoint - AkzoNobel has been downgraded to a "Market Perform" rating by Bernstein, reflecting a challenging financial outlook for the company [1][2][5] Company Performance - AkzoNobel's stock price is currently $20.88, showing a 2.24% increase or $0.46 from previous trading [3][5] - The stock has fluctuated between $20.57 and $20.88 on the day, with a yearly high of $24.52 and a low of $18.07 [3] - The company's market capitalization is approximately $32.14 billion, with a trading volume of 5,257 shares on the OTC exchange [3][5] Earnings Outlook - AkzoNobel has been added to the Zacks Rank 5 (Strong Sell) List, indicating a negative sentiment in the market [2][4][5] - There has been a 10.1% downward revision in the Zacks Consensus Estimate for the company's current year earnings over the past 60 days [2][5] - The inclusion in the Strong Sell List aligns with broader market challenges, as seen with other companies like Alvotech and Alamo Group, which also experienced significant downward revisions in earnings estimates [4]
AkzoNobel (OTC:AKZOY) Faces Downgrade Amid Market Challenges
Financial Modeling Prepยท2025-11-24 16:05