Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter
Viswanathan covers the Basic Materials sector, focusing on stocks such as PPG Industries, RPM International, and Sherwin-Williams Company. According to TipRanks, Viswanathan has an average return of 1.6% and a 49.40% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Axalta Coating Systems with a $34.43 average price target, an 8.37% upside from current levels. In a report released on May 27, Wells Fargo also reiterated a Hold rating on the stock with a $30.00 price target.
Based on Axalta Coating Systems’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.25 billion and a net profit of $90 million. In comparison, last year the company earned a revenue of $1.26 billion and had a net profit of $99 million
