A Glimpse Into The Expert Outlook On Axalta Coating Sys Through 4 Analysts
Portfolio Pulse from Benzinga Insights
Analysts have recently updated their ratings and price targets for Axalta Coating Systems (NYSE:AXTA), showing a mix of bullish and somewhat bullish sentiments. Over the past three months, the sentiment has shifted positively, with the latest average price target set at $39.00, marking a 5.41% increase from the previous $37.00. The company's financial performance is strong, with notable revenue growth, net margin, ROE, and ROA, although its debt-to-equity ratio is higher than the industry average.
May 02, 2024 | 12:00 pm
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Axalta Coating Systems has received updated bullish and somewhat bullish ratings from analysts, with an increased average price target of $39.00. The company's financials show strong performance, but its high debt-to-equity ratio could be a concern.
The positive shift in analyst sentiment and the increase in the average price target suggest a bullish outlook for AXTA in the short term. The company's strong financial indicators such as revenue growth, net margin, ROE, and ROA support this view. However, the high debt-to-equity ratio is a potential risk factor that investors should monitor.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100