Bernstein sets EUR 62.00 target for AkzoNobel stock
Published on 10/15/2026 at 11:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPortfolio reshaping and valuation
- AkzoNobel agreed to sell its Asia-Pacific decorative paints business for USD 1.35 billion on October 5, 2026.
- Second-quarter revenue reached EUR 2.59 billion and net profit was EUR 139 million for the period ended June 30, 2026.
- AkzoNobel stock traded at EUR 58.59 at 11:34 a.m. CEST at Lang & Schwarz on October 15, 2026.
AkzoNobel (ISIN NL0013267909) received a Hold rating and a EUR 62.00 price target from Bernstein on October 14, 2026, putting the analyst view above the EUR 58.59 euro quote seen later at Lang & Schwarz. According to Markets Insider, analyst James Hooper assigned the Hold rating and set the target at EUR 62.00.
What does the sale change?
AkzoNobel's most important recent strategic move was its October 5 agreement to sell decorative paints operations in Southeast Asia and Oceania to Nippon Paint for a total enterprise value of USD 1.35 billion. Reuters reported that AkzoNobel expects about USD 1.00 billion in net cash after taxes and payments to minority partners. The transaction covers seven markets, while the Indonesia portion is expected to close separately in late 2026 and the remaining deals around mid-2027.
The deal gives the portfolio review a measurable cash outcome. The transaction value also equals 21 times AkzoNobel's fiscal year 2025 EBITDA, according to the company release carried by AkzoNobel.
Three dated signals for investors
On June 30, 2026, AkzoNobel reported second-quarter revenue of EUR 2.59 billion and net profit of EUR 139 million, compared with EUR 2.63 billion and EUR 124 million in the year-earlier period, respectively, according to Markets Insider. On October 5, 2026, AkzoNobel agreed the USD 1.35 billion Asia-Pacific sale. On October 14, 2026, Bernstein set its Hold rating and EUR 62.00 target.
Which dates matter next?
AkzoNobel is scheduled to publish its third-quarter results on October 21, 2026, with analysts expecting revenue of EUR 2.60 billion versus EUR 2.55 billion a year earlier, according to Finanzen.ch. The Indonesia transaction is expected to close in late 2026, while the other sales are expected to complete around mid-2027, according to Reuters.
Price remains below target
The EUR 58.59 quote is 5.50 percent below Bernstein's EUR 62.00 target, using the same currency and the October 14, 2026 target date. The upcoming quarterly release will test whether the portfolio reshaping is accompanied by the revenue growth analysts expect.
AkzoNobel was trading at EUR 58.59 at Lang & Schwarz on October 15, 2026 at 11:34 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of AkzoNobel stock.
AkzoNobel stock facts
- Company: Akzo Nobel N.V.
- ISIN: NL0013267909
- Ticker: AKZA.AS
- Primary exchange: Euronext Amsterdam
- Price Lang & Schwarz as of October 15, 2026, 11:34 a.m. CEST: EUR 58.59
- Sector / Industry: Basic Materials / Specialty Chemicals
Market context: Market report AEX.
