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AkzoNobel

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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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