Avast (AVST) Earns Overweight Rating from Barclays
Other research analysts have also issued reports about the company. Credit Suisse Group raised their price objective on Avast from GBX 330 ($4.31) to GBX 381 ($4.98) and gave the company an outperform rating in a research report on Thursday, April 11th. Jefferies Financial Group reissued a buy rating and issued a GBX 360 ($4.70) price objective on shares of Avast in a research report on Thursday, February 28th. JPMorgan Chase & Co. assumed coverage on Avast in a research report on Thursday, January 10th. They issued a neutral rating and a GBX 310 ($4.05) price objective on the stock. Finally, UBS Group reissued a buy rating and issued a GBX 400 ($5.23) price objective (up from GBX 320 ($4.18)) on shares of Avast in a research report on Thursday, March 14th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of GBX 360.20 ($4.71).
LON:AVST opened at GBX 284.20 ($3.71) on Friday. The company has a debt-to-equity ratio of 154.65, a quick ratio of 0.64 and a current ratio of 0.71. Avast has a 12 month low of GBX 205 ($2.68) and a 12 month high of GBX 315.75 ($4.13). The stock has a market capitalization of $2.71 billion and a price-to-earnings ratio of 11.37.
Avast Plc and its subsidiaries provide digital security products under the Avast and AVG brands worldwide. It operates through two segments, Consumer and Small and Medium Business (SMB). The company offers products and solutions for protection, performance, privacy, and additional tools for desktop security, server protection, and mobile device protection; and big data and marketing analytics, as well as provides security solutions designed for small businesses.
Further Reading: Growth and Income Funds
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