Avast’s (AVST) “Buy” Rating Reaffirmed at UBS Group
UBS Group restated their buy rating on shares of Avast (LON:AVST) in a research note released on Thursday morning, LSE.Co.UK reports. UBS Group currently has a GBX 400 ($5.23) price objective on the stock.
AVST has been the topic of a number of other research reports. JPMorgan Chase & Co. reiterated a neutral rating on shares of Avast in a research note on Wednesday. Barclays reiterated an overweight rating on shares of Avast in a research note on Monday, March 11th. Credit Suisse Group increased their price objective on shares of Avast from GBX 330 ($4.31) to GBX 381 ($4.98) and gave the stock an outperform rating in a research note on Thursday, April 11th. Finally, Jefferies Financial Group reiterated a buy rating and issued a GBX 360 ($4.70) price objective on shares of Avast in a research note on Thursday, February 28th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of GBX 360.20 ($4.71).
LON:AVST opened at GBX 300.60 ($3.93) on Thursday. The firm has a market capitalization of $2.87 billion and a PE ratio of 12.02. Avast has a 1-year low of GBX 205 ($2.68) and a 1-year high of GBX 315.75 ($4.13). The company has a current ratio of 0.71, a quick ratio of 0.64 and a debt-to-equity ratio of 154.65.
Avast Company Profile
Avast Plc, together with its subsidiaries, provides digital security products under the Avast, AVG, and CCleaner brands worldwide. It operates through two segments, Consumer and Small and Medium Business (SMB). The company offers desktop security and mobile device protection products; value-added solutions for performance, privacy, and other tools; dynamic secure search solution, including browser toolbar; and big data and marketing analytics solutions, as well as security solutions designed for small businesses.
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