Axalta Coating Systems Ltd. which can be found using ticker (AXTA) now have 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $39.00 and $30.00 with the average target price sitting at $34.44. Given that the stocks previous close was at $32.13 this would imply there is now a potential upside of 7.2%. It’s also worth noting that there is a 50 day moving average of $28.58 and the 200 moving average now moves to $29.70. The company has a market capitalization of 7.08B. The stock price for the company is currently $32.15 USD
The potential market cap would be $7,584,377,220 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 30.05, revenue per share of $23.17 and a 5.15% return on assets.
Axalta Coating Systems Ltd. manufactures, markets and distributes coatings systems. The Company operates through two segments. Performance Coatings segment provides liquid and powder coatings solutions to both large regional and global original equipment manufacturers (OEMs) and to a fragmented and local customer base. The segment develops, markets and supplies a complete portfolio of coatings systems and color matching technologies. Mobility Coatings segment provides coatings technologies for light vehicle and commercial vehicle OEMs. The Company offers a comprehensive range of waterborne and solventborne products and systems used by the global automotive refinish industry to repair damaged vehicles. The Company’s industrial brands include Imron Industrial, Tufcote Industrial, Corlar Industrial, Strenex Industrial, PercoTop, Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, and Ceranamel for liquid coatings and Alesta, Teodur, Nap-Gard, Abcite and Plascoat for powder coatings.
