Axalta Coating Systems Ltd. with ticker code (AXTA) have now 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $42.00 and $30.00 suggesting an average analyst share price target price of $36.41. (at the time of writing). Given that the stocks previous close was at $33.54 and the analysts are correct then we can expect a percentage increase in value of 8.6%. It’s also worth noting that there is a 50 day moving average of $32.51 while the 200 day moving average is $30.67. The company has a market cap of 7.43B. The stock price for the company is currently $33.74 USD
The potential market cap would be $8,063,093,391 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 27.88, revenue per share of $23.46 and a 5.41% 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.
