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

Rating:
Sell AKZOY
down 10.11 %

Akzo Nobel N.V. (ADR) (AKZOY) rated Sell by Berenberg

Posted on: Monday,  Aug 5, 2013  8:25 AM ET by Berenberg

Berenberg rated Sell Akzo Nobel N.V. (ADR) (OTCBB: AKZOY) on 08/05/2013, when the stock price was $20.27. Since
then, Akzo Nobel N.V. (ADR) has gained 11.25% as of 08/27/2015's recent price of $22.55.
If you would have followed this Berenberg's recommendation on AKZOY, you would have lost 10.11% of your investment in 752 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.

Berenberg
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/5/2013 8:25 AM Sell
None
20.27
as of 12/13/2013
1 Week down  -0.12 %
1 Month up  2.39 %
3 Months down  -11.59 %
1 YTD down  -20.62 %

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