Shares of Avon Products, Inc. (NYSE:AVP) have received an average recommendation of “Hold” from the ten analysts that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $2.91.

A number of analysts have weighed in on the company. Zacks Investment Research upgraded Avon Products from a “strong sell” rating to a “hold” rating in a research report on Monday. DA Davidson reiterated a “buy” rating and issued a $2.00 price target on shares of Avon Products in a research report on Monday, November 20th. Stifel Nicolaus reiterated a “hold” rating and issued a $3.00 price target on shares of Avon Products in a research report on Friday, November 3rd. Bank of America cut Avon Products from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $3.00 to $2.50 in a research report on Thursday, January 4th. Finally, Jefferies Group lowered their price target on Avon Products from $2.20 to $1.75 and set an “underperform” rating on the stock in a research report on Friday, November 3rd.

Shares of Avon Products (NYSE AVP) traded down $0.01 during midday trading on Tuesday, hitting $2.20. The company had a trading volume of 2,557,100 shares, compared to its average volume of 2,668,400. The company has a quick ratio of 0.97, a current ratio of 1.42 and a debt-to-equity ratio of -2.31. The firm has a market capitalization of $950.40, a price-to-earnings ratio of -9.57, a price-to-earnings-growth ratio of 2.40 and a beta of 1.81. Avon Products has a twelve month low of $1.85 and a twelve month high of $6.03.

Avon Products (NYSE:AVP) last issued its earnings results on Thursday, November 2nd. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.04). The company had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.41 billion. The company’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the firm earned $0.02 EPS. equities analysts anticipate that Avon Products will post -0.03 EPS for the current year.

A number of institutional investors have recently bought and sold shares of the stock. FMR LLC boosted its holdings in Avon Products by 219.8% in the second quarter. FMR LLC now owns 29,804,223 shares of the company’s stock valued at $113,256,000 after acquiring an additional 20,485,474 shares during the last quarter. Yacktman Asset Management LP boosted its holdings in Avon Products by 0.3% in the third quarter. Yacktman Asset Management LP now owns 19,132,384 shares of the company’s stock valued at $44,578,000 after acquiring an additional 51,355 shares during the last quarter. Investec Asset Management LTD boosted its holdings in Avon Products by 11.3% in the third quarter. Investec Asset Management LTD now owns 8,010,850 shares of the company’s stock valued at $18,665,000 after acquiring an additional 811,514 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Avon Products by 2.5% in the third quarter. Dimensional Fund Advisors LP now owns 7,899,310 shares of the company’s stock valued at $18,406,000 after acquiring an additional 193,839 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in Avon Products by 15.7% in the second quarter. Renaissance Technologies LLC now owns 6,632,000 shares of the company’s stock valued at $25,202,000 after acquiring an additional 899,200 shares during the last quarter. Institutional investors and hedge funds own 82.38% of the company’s stock.

WARNING: This report was first posted by Watch List News and is owned by of Watch List News. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international copyright and trademark law. The original version of this report can be accessed at https://www.watchlistnews.com/avon-products-inc-avp-receives-consensus-recommendation-of-hold-from-analysts/1799816.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).

Analyst Recommendations for Avon Products (NYSE:AVP)

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 Analyst Ratings Network's FREE daily email newsletter.