Avon Products, Inc. (AVP) Receives Average Recommendation of “Hold” from Brokerages
Avon Products, Inc. (NYSE:AVP) has been assigned an average recommendation of “Hold” from the ten research firms that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $2.91.
AVP has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of Avon Products from a “hold” rating to a “buy” rating and set a $2.50 price objective on the stock in a research report on Monday, October 23rd. DA Davidson reiterated a “buy” rating and set a $2.00 price objective on shares of Avon Products in a research report on Monday, November 20th. ValuEngine upgraded shares of Avon Products from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. Stifel Nicolaus reiterated a “hold” rating and set a $3.00 price objective on shares of Avon Products in a research report on Friday, November 3rd. Finally, Royal Bank of Canada reiterated a “hold” rating and set a $3.00 price objective on shares of Avon Products in a research report on Friday, October 13th.
Avon Products (NYSE:AVP) traded down $0.07 during mid-day trading on Friday, reaching $2.19. 3,098,743 shares of the company’s stock were exchanged, compared to its average volume of 3,480,000. The company has a debt-to-equity ratio of -2.31, a current ratio of 1.42 and a quick ratio of 0.97. Avon Products has a fifty-two week low of $1.85 and a fifty-two week high of $6.03. The company has a market capitalization of $963.59, a PE ratio of -9.52, a price-to-earnings-growth ratio of 2.60 and a beta of 1.77.
TRADEMARK VIOLATION NOTICE: This news story was originally published by Watch List News and is the property of of Watch List News. If you are reading this news story on another domain, it was stolen and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at https://www.watchlistnews.com/avon-products-inc-avp-receives-average-recommendation-of-hold-from-brokerages/1853418.html.
Avon Products Company Profile
Avon Products, Inc is a manufacturer and marketer of beauty and related products. The Company’s segments include Europe, Middle East & Africa; South Latin America; North Latin America, and Asia Pacific. Its product categories are Beauty, and Fashion and Home. Beauty consists of skincare (which includes personal care), fragrance and color (cosmetics).
Receive News & Ratings for Avon Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avon Products and related companies with MarketBeat.com's FREE daily email newsletter.