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.

Several hedge funds and other institutional investors have recently bought and sold shares of AVP. FMR LLC grew its holdings in shares of Avon Products by 219.8% in the second quarter. FMR LLC now owns 29,804,223 shares of the company’s stock worth $113,256,000 after purchasing an additional 20,485,474 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Avon Products by 155.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 3,517,308 shares of the company’s stock worth $13,366,000 after purchasing an additional 2,141,208 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Avon Products by 49.8% in the second quarter. Goldman Sachs Group Inc. now owns 5,878,183 shares of the company’s stock worth $22,338,000 after purchasing an additional 1,953,010 shares during the last quarter. Commerzbank Aktiengesellschaft FI grew its holdings in shares of Avon Products by 45.6% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 3,512,139 shares of the company’s stock worth $7,551,000 after purchasing an additional 1,099,460 shares during the last quarter. Finally, Shah Capital Management grew its holdings in shares of Avon Products by 15.1% in the fourth quarter. Shah Capital Management now owns 8,014,702 shares of the company’s stock worth $17,231,000 after purchasing an additional 1,052,412 shares during the last quarter. Hedge funds and other institutional investors own 83.08% of the company’s stock.

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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).

Analyst Recommendations for Avon Products (NYSE:AVP)

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