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Axalta Coating Systems (NYSE:AXTA) has been downgraded from Buy to Underperform in a statement by BofA Merrill earlier today.

BofA Merrill has downgraded Axalta Coating Systems (NYSE:AXTA) from Buy to Underperform in a statement released on 6/21/2017.

Having a price of $33.43, Axalta Coating Systems (NYSE:AXTA) traded 0.27% higher on the day. With the last close up -6.25% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. AXTA has recorded a 50-day average of $29.32 and a two hundred day average of $31.20. Trade Volume was down over the average, with 1,824,666 shares of AXTA changing hands under the typical 2,110,810

Recent Performance Chart

Axalta Coating Systems (NYSE:AXTA)

Axalta Coating Systems has PE ratio of 2,925.00 with a one year low of $24.27 and a one year high of $34.10 and has a market capitalization of $0.

A total of 13 analysts have released a report on Axalta Coating Systems. Three analysts rating the company a strong buy, six analysts rating the company a buy, five analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $33.08.

General Company Details For Axalta Coating Systems (NYSE:AXTA)

Axalta Coating Systems Ltd. is a holding company. The Company is a manufacturer, marketer and distributor of coatings systems primarily serving the transportation industry. The Company's segments include Performance Coatings and Transportation Coatings. Through its Performance Coatings segment, the Company provides liquid and powder coatings solutions to a fragmented and local customer base. Through its Transportation Coatings segment, the Company provides coating technologies to original equipment manufacturers (OEMs) of light and commercial vehicles. The Performance Coatings segment serves various end markets, including refinish and industrial. The Company develops, markets and supplies a portfolio of coatings systems and color matching technologies. The Company also develops and supplies an array of coatings systems for a range of commercial applications, including heavy-duty truck (HDT), bus, rail and agricultural construction equipment (ACE).

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