Morgan Stanley (NYSE:MS) analyst Vincent Andrews maintained a Hold rating on Axalta Coating Systems (NYSE:AXTA) on Monday, setting a price target of $32, which is approximately 11.89% above the present share price of $28.6.
Andrews expects Axalta Coating Systems to post earnings per share (EPS) of $0.35 for the fourth quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Axalta Coating Systems, with an average price target of $32.44.
The analysts price targets range from a high of $35 to a low of $29.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.03 billion and a net profit of $141.7 million. The company's market cap is $6.73 billion.
According to TipRanks.com, Morgan Stanley analyst Vincent Andrews is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 3.8% and a 69.23% success rate.
Axalta Coating Systems Ltd . engages in the manufacture, marketing, and distribution of coatings systems. It operates through the Performance Coatings and Transportation Coatings business segments. The Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base. The Transportation Coatings segment offers advanced coatings technologies to original equipment manufacturers of light and commercial vehicles. The company was founded on 1866 and is headquartered in Philadelphia, PA.