JPMorgan Chase & Co. Reiterates Neutral Rating for Avast (AVST)
Several other equities research analysts also recently issued reports on AVST. Barclays restated an overweight rating on shares of Avast in a report on Friday, April 12th. Credit Suisse Group lifted their price objective on Avast from GBX 330 ($4.31) to GBX 381 ($4.98) and gave the stock an outperform rating in a report on Thursday, April 11th. Jefferies Financial Group restated a buy rating and set a GBX 360 ($4.70) price objective on shares of Avast in a report on Thursday, February 28th. Finally, UBS Group restated a buy rating and set a GBX 400 ($5.23) price objective (up from GBX 320 ($4.18)) on shares of Avast in a report on Thursday, March 14th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Avast has an average rating of Buy and a consensus price target of GBX 360.20 ($4.71).
AVST stock opened at GBX 299.80 ($3.92) on Wednesday. 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 has a 52-week low of GBX 205 ($2.68) and a 52-week high of GBX 315.75 ($4.13). The company has a market cap of $2.71 billion and a price-to-earnings ratio of 11.99.
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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