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

down 14.09 %

Akzo Nobel N.V. (ADR) (AKZOY) upgraded to Buy by Citigroup

Posted on: Monday,  Feb 10, 2014  8:25 AM ET by Citigroup

Citigroup rated Buy Akzo Nobel N.V. (ADR) (OTCBB: AKZOY) on 02/10/2014, when the stock price was $26.25. Since
then, Akzo Nobel N.V. (ADR) has lost 14.10% as of 08/27/2015's recent price of $22.55.
If you would have followed this Citigroup's recommendation on AKZOY, you would have lost 14.09% of your investment in 563 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.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/10/2014 8:25 AM Buy
as of 10/17/2014
1 Week up  4.99 %
1 Month down  -9.10 %
3 Months down  -8.18 %
1 YTD down  -18.78 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/19/2012 8:25 AM Hold
11/26/2012 8:25 AM Sell

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