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Akzo Nobel N.V. (ADR) (AKZOY) [hlAlert]

up 16.05 %

Akzo Nobel N.V. (ADR) (AKZOY) rated Outperform by Credit Suisse

Posted on: Wednesday,  Aug 29, 2012  8:25 AM ET by Credit Suisse

Credit Suisse rated Outperform Akzo Nobel N.V. (ADR) (OTCBB: AKZOY) on 08/29/2012, when the stock price was $19.43.
Since then, Akzo Nobel N.V. (ADR) has gained 16.06% as of 08/27/2015's recent price of $22.55.
If you would have followed this Credit Suisse's recommendation on AKZOY, you would have gained 16.05% of your investment in 1093 days.

Akzo Nobel N.V. (AkzoNobel) is a global paints and coatings company and a producer of specialty chemicals. The Company operates in three segments: Decorative Paints, Performance Coatings and Specialty Chemicals. During the year ended December 31, 2009, the Company two distributors in Continental Europe. During 2009, it also acquired SABA, Kronospan and Dow Powder Coatings assets. During 2009, it also divested Chemcraft Brazil and the non-stick businesses. In January 2009, the Company completed the acquisition of LII Europe.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/29/2012 8:25 AM Buy
as of 12/31/2012
1 Week up  3.92 %
1 Month up  17.92 %
3 Months up  19.55 %
1 YTD up  15.80 %

(*) Stock Price at the time of the recommendation.
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