Avon Products (AVP) Shares Gap Up to $2.18
Avon Products, Inc. (NYSE:AVP)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $2.15, but opened at $2.18. Avon Products shares last traded at $2.18, with a volume of 1445806 shares.
A number of equities analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Avon Products from a “hold” rating to a “buy” rating and set a $2.50 target price for the company in a research report on Monday, October 23rd. Jefferies Group decreased their target price on shares of Avon Products from $2.20 to $1.75 and set an “underperform” rating for the company in a research report on Friday, November 3rd. Stifel Nicolaus reiterated a “hold” rating and issued a $3.00 target price on shares of Avon Products in a research report on Friday, November 3rd. DA Davidson reiterated a “hold” rating and issued a $2.00 target price on shares of Avon Products in a research report on Tuesday, November 7th. Finally, ValuEngine upgraded shares of Avon Products from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $2.86.
The company has a quick ratio of 0.97, a current ratio of 1.42 and a debt-to-equity ratio of -2.31.
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).
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