First Trust Low Duration Oppos ETF (LMBS) Is At $51.65 Formed Wedge; Axalta Coating Systems Ltd. (AXTA) Covered By 12 Bulls

Among 21 analysts covering Axalta Coating Systems (NYSE:AXTA), 12 have Buy rating, 1 Sell and 8 Hold. Therefore 57% are positive. Axalta Coating Systems had 65 analyst reports since September 2, 2015 according to SRatingsIntel. The stock of Axalta Coating Systems Ltd. (NYSE:AXTA) has “Buy” rating given on Tuesday, February 16 by Jefferies. KeyBanc Capital Markets maintained the stock with “Buy” rating in Tuesday, November 28 report. On Friday, October 27 the stock rating was maintained by UBS with “Buy”. The stock of Axalta Coating Systems Ltd. (NYSE:AXTA) has “Overweight” rating given on Friday, August 11 by JP Morgan. Jefferies maintained the stock with “Buy” rating in Monday, November 13 report. The rating was downgraded by Gabelli on Thursday, February 9 to “Hold”. Robert W. Baird maintained Axalta Coating Systems Ltd. (NYSE:AXTA) on Friday, November 10 with “Buy” rating. Jefferies maintained it with “Buy” rating and $3600 target in Tuesday, May 30 report. RBC Capital Markets maintained the stock with “Buy” rating in Monday, July 3 report. As per Thursday, July 13, the company rating was maintained by RBC Capital Markets. See Axalta Coating Systems Ltd. (NYSE:AXTA) latest ratings:

08/01/2018 Broker: Susquehanna Rating: Hold New Target: $35.0 Maintain
19/12/2017 Broker: Raymond James Rating: Market Perform Initiates Coverage On
15/12/2017 Broker: RBC Capital Markets Rating: Buy New Target: $34.0 Maintain
14/12/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $38.0 Maintain
30/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $35.0 Maintain
01/12/2017 Broker: Vertical Research Old Rating: Buy New Rating: Hold Downgrade
01/12/2017 Broker: Robert W. Baird Rating: Buy New Target: $35.0 Maintain
28/11/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $40.0 Maintain
13/11/2017 Broker: Jefferies Rating: Buy New Target: $38.0 Maintain
10/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $35.0 Maintain

First Trust Low Duration Oppos ETF (LMBS) formed wedge down with $47.00 target or 9.00% below today’s $51.65 share price. First Trust Low Duration Oppos ETF (LMBS) has $963.16M valuation. The ETF increased 0.02% or $0.01 during the last trading session, reaching $51.65. About 165,910 shares traded. First Trust Low Duration Oppos ETF (NASDAQ:LMBS) has risen 1.42% since January 13, 2017 and is uptrending. It has underperformed by 15.28% the S&P500.

The stock decreased 0.86% or $0.28 during the last trading session, reaching $32.44. About 1.48 million shares traded. Axalta Coating Systems Ltd. (NYSE:AXTA) has risen 13.74% since January 13, 2017 and is uptrending. It has underperformed by 2.96% the S&P500.

Axalta Coating Systems Ltd., through its subsidiaries, makes, markets, and distributes coatings primarily for the transportation industry. The company has market cap of $7.90 billion. It operates through two divisions, Performance Coatings and Transportation Coatings. It has a 123.82 P/E ratio. The Performance Coatings segment offers various water and solvent borne products and systems that are used to refinish damaged vehicles for independent body shops, multi-shop operators, and original equipment maker dealership body shops.