AkzoNobel (OTC:AKZOY), a global leader in the paints and coatings industry, is also known for its specialty chemicals. The company operates in a competitive market, with rivals like PPG Industries and Sherwin-Williams. Recently, Bernstein downgraded AkzoNobel to a "Market Perform" rating, with the stock priced at $20.88 at the time.
The downgrade by Bernstein comes amid a challenging period for AkzoNobel. The company has been added to the Zacks Rank #5 (Strong Sell) List as of November 21, 2025. This decision follows a 10.1% downward revision in the Zacks Consensus Estimate for its current year earnings over the past 60 days, indicating a negative outlook on its financial performance.
AkzoNobel's stock price currently stands at $20.88, reflecting a 2.24% increase or $0.46. The stock has fluctuated between $20.57 and $20.88 today. Over the past year, it has seen a high of $24.52 and a low of $18.07. The company's market capitalization is approximately $32.14 billion, with a trading volume of 5,257 shares on the OTC exchange.
The inclusion of AkzoNobel in the Zacks Rank #5 (Strong Sell) List, alongside companies like Alvotech and Alamo Group, suggests a bearish sentiment towards these stocks. Alvotech's earnings estimates were revised downward by 88.7%, while Alamo Group's estimates saw a nearly 10% decrease. This reflects broader challenges in the market.