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AkzoNobel


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India's Asian Paints top gainer on Nifty 50 after report of price hikes

BUZZ-India's Asian Paints top gainer on Nifty 50 after report of price hikes Updates ** Shares of Asian Paints ASPN.NS up 3.5 % ** Stock is top gainer on Nifty 50 .NSEI , which is down 0.6% ** Co hiked prices of products across its portfolio by 0.7%-1% to offset rising input costs, CNBC-TV18 reports ** ASPN did not immediately respond to Reuters' r
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India's Asian Paints up on report of price hikes

BUZZ-India's Asian Paints up on report of price hikes ** Shares of Asian Paints ASPN.NS up 2.2% on track for its best day in a month ** Stock is top pct gainer on Nifty 50 .NSEI which is down 0.9% ** Co hiked prices of its products across its portfolio by 0.7%-1% to offset rising input costs, CNBC-TV18 reports ** ASPN did not immediately respond to
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Danske Bank, Entain, Halma

EUROPE RESEARCH ROUNDUP-Danske Bank, Entain, Halma July 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Danske Bank, Entain and Halma, on Wednesday. HIGHLIGHTS * Danske Bank DANSKE.CO : Berenberg initiates coverage with hold rating; PT DKK 215 * Entain ENT.L : JP Morgan cuts target price to 900p from 910p * Halma HLMA.L : JP Morgan raises target price to 2,350p from 2,000p * Novonesis NSISb.CO : JP Morgan raises target price to
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ASMI, EasyJet, Kooth

EUROPE RESEARCH ROUNDUP-ASMI, EasyJet, Kooth July 3 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ASMI, EasyJet and Kooth, on Wednesday. HIGHLIGHTS * ASMI ASMI.AS : Jefferies raises target price to EUR 880 from EUR 780 * B.P. Marsh & Partners Plc BPM.L : Jefferies raises target price to 625p from 560p * EasyJet EZJ.L : JP Morgan cuts target price to 640p from 670p * Kooth Plc KOO.L : Berenberg initiates coverage with buy rating;
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Adyen, AstraZeneca, Auto Trader

EUROPE RESEARCH ROUNDUP-Adyen, AstraZeneca, Auto Trader July 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adyen, AstraZeneca and Auto Trader, on Tuesday. HIGHLIGHTS * Adyen NV ADYEN.AS : Jefferies cuts target price to EUR 1,695 from EUR 1,821 * AstraZeneca AZN.L : Jefferies raises target price to 11,700p from 11,300p * Auto Trader AUTOA.L : Jefferies raises target price to 935p from 830p * Halma HLMA.L : HSBC raises target pri
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GS sees uneven recovery for European chemicals; ups Clariant, cuts Akzo

BUZZ-GS sees uneven recovery for European chemicals; ups Clariant, cuts Akzo ** Goldman Sachs favours consumer ingredient and gasses cos over diversified chemicals and paint makers based on pricing power, as the European chemicals sector faces an uneven recovery ** GS notes Europe's STOXX chemicals sub-index .SX4P is up 13% from its October 2023 tr
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Bechtle AG, Centrica, Clariant AG

EUROPE RESEARCH ROUNDUP-Bechtle AG, Centrica, Clariant AG July 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bechtle AG, Centrica and Clariant AG, on Monday. HIGHLIGHTS * Akzo Nobel NV AKZO.AS : Goldman Sachs cuts to sell from neutral * Bechtle AG BC8G.DE : Exane BNP Paribas cuts to underperform from neutral * Centrica CNA.L : Berenberg raises to buy from hold * Clariant AG CLN.S : Goldman Sachs raises to buy from neutral * Fin
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Syensqo dips to 3-month low on read-across from European peers

BUZZ-Syensqo dips to 3-month low on read-across from European peers ** Shares of Belgian chemicals company Syensqo SYENS.BR fall to the lowest price since March 20 at 83.57 euros ($89.50)on read-across from peers in the Netherlands and France ** "People are making a read-across from Arkema AKE.PA and Akzo Nobel AKZO.AS giving weaker messaging last
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Admiral, Cucinelli, URW

EUROPE RESEARCH ROUNDUP-Admiral, Cucinelli, URW June 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Cucinelli and URW, on Thursday. HIGHLIGHTS * Admiral ADML.L : BofA Global Research raises to buy from neutral * Adriatic Metals Plc ADT1.L : Berenberg raises to buy from hold * Anglo American AAL.L : Berenberg cuts to sell from hold * Cucinelli BCU.MI : Stifel raises to buy from hold * URW URW.PA : JP Morgan raises to ne
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Paint maker Akzo Nobel India's Q4 Profit Rises

Paint maker Akzo Nobel India's Q4 Profit Rises May 15 (Reuters) - Paint maker Akzo Nobel India AKZO.NS reported a near 14% rise in its fourth-quarter profit on Thursday, aided by higher sales of its decorative paints. The maker of Dulux paints reported a consolidated net profit of 1.09 billion rupees ($13.1 million) for the quarter ended March 31. Revenue from operations rose 2% to 9.73 billion rupees.
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India economic, corporate events on May 16

DIARY- India economic, corporate events on May 16 BENGALURU, May 16 (Reuters) - Diary of India economic, corporate events on May 16. ECONOMIC, CORPORATE .BSE500 EVENTS: Start Date Start Time RIC Company Name Event Name 16-May-2024 17:30 INED.NS Info Edge (India) Ltd Q4 2024 Info Edge (India) Ltd Earnings Release 16-May-2024 17:15 CROP.NS Crompton G
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UBS upgrades Akzo Nobel on solid core profit growth prospects

BUZZ-UBS upgrades Akzo Nobel on solid core profit growth prospects ** UBS upgrades its rating on Akzo Nobel AKZO.AS to 'buy' from 'neutral', after the Dutch paints and coatings maker posted a strong core profit growth in Q1, at 19% yoy ** "Our investment case is based on c.11% pa EBITDA growth over the next four years, reflecting a combination of c
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Top of the Street: Mondi, Boliden, Akzo Nobel, BAE Systems, Yara

BUZZ-Top of the Street: Mondi, Boliden, Akzo Nobel, BAE Systems, Yara A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** 5-star ranked BofA's analyst Benjamin Heelan downgrades British defence company BAE Systems BAES.L to "neutral" from "buy," seeing limited near-term valuation upside after a "very strong run" ** UBS cuts Boliden BOL.ST to "sell" from "neutral," as the broker flags challenges to metal prices and elevated capex risk for the Swedish smelting
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PREVIEW: India's Asian Paints dips ahead of Q4 results

BUZZ-PREVIEW: India's Asian Paints dips ahead of Q4 results ** Asian Paints ASPN.NS edges 0.2% lower ahead of Q4 report ** Analysts expect ASPN to report 9.6% increase in Q4 profit, 3.8% rise in revenue -LSEG data ** Ambit Capital expects vol growth to slow to 6% from 14% year-ago on soft demand but expects price cuts to generate effective rev grow
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Midwich Group, Reckitt Benckiser, Volvo Car

EUROPE RESEARCH ROUNDUP- Midwich Group, Reckitt Benckiser, Volvo Car April 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Midwich Group, Reckitt Benckiser and Volvo Car, on Thursday. HIGHLIGHTS * Air France-KLM AIRF.PA : Deutsche Bank cuts target price to EUR 11.5 from EUR 14 * Midwich Group Plc MIDWM.L : HSBC raises target price to 500p from 485p * Norsk Hydro NHY.OL : Deutsche Bank cuts target price to NOK 85 from NOK 87 * Re
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Top of the Street: UBS, Adidas, Galp, Akzo Nobel, Randstad, Kojamo

BUZZ-Top of the Street: UBS, Adidas, Galp, Akzo Nobel, Randstad, Kojamo A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Citi downgrades UBS UBSG.S to "neutral" from "buy" and cuts target price to CHF 27 from CHF 28 as the Swiss authorities’ new capital proposals add greater uncertainty for the banking giant ** Stifel upgrades Adidas ADSGn.DE to "buy" and raises target price to 250 euros from 150 euros saying the German sportswear company has shown fast
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Akzo Nobel, Galp, Randstad

EUROPE RESEARCH ROUNDUP-Akzo Nobel, Galp, Randstad April 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Akzo Nobel, Galp and Randstad, on Wednesday. HIGHLIGHTS * Adidas AG ADSGn.DE : Stifel raises to buy from hold * Akzo Nobel NV AKZO.AS : JP Morgan raises to neutral from underweight * Galp GALP.LS : RBC raises to outperform from sector perform * Randstad NV RAND.AS : Jefferies raises to hold from underperform * Robertet SA ROB
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AkzoNobel guidance unchanged after Q1 beat, shares fall

BUZZ-AkzoNobel guidance unchanged after Q1 beat, shares fall ** Shares in AkzoNobel AKZO.AS fall 5.17%, at their lowest since November, as the Dutch paints and coatings maker stuck to its full-year guidance despite beating expectations in Q1 ** An analyst who wished to remain anonymous told Reuters the guidance for Q2 is mild in light of rising operating expenses, notably wage inflation ** CFO Marteen de Vries said in a Reuters interview that it was too early for "a more bullish view for Q2", ev
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Dulux paint maker AkzoNobel Q1 beats expectations, outlook underwhelms

UPDATE 4-Dulux paint maker AkzoNobel Q1 beats expectations, outlook underwhelms Adds shares in paragraphs 2-4, CFO comment in 5th pargraph and details on legal case in paragraphs 14 and 15 By Stephanie Hamel April 23 (Reuters) - AkzoNobel AKZO.AS reported a 19% rise in first-quarter core profit on Tuesday, beating analysts' expectations, as higher volumes and prices as well as lower restructuring costs helped the Dulux paint maker bolster margins.
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Akzo Nobel Targets To Deliver Between €1.5 And €1.65 Bln Adjusted EBITDA In 2024

BRIEF-Akzo Nobel Targets To Deliver Between €1.5 And €1.65 Bln Adjusted EBITDA In 2024 April 23 (Reuters) - AKZO NOBEL AKZO.AS : NET CASH FROM OPERATING ACTIVITIES NEGATIVE €170 MILLION (2023: NEGATIVE €50 MILLION) TARGETS TO DELIVER BETWEEN €1.5 AND €1.65 BILLION ADJUSTED EBITDA IN 2024 COMPANY AIMS TO LOWER ITS LEVERAGE TO AROUND 2.3
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