Barclays Reiterates “Overweight” Rating for Avast (LON:AVST)
Several other equities research analysts have also recently issued reports on the stock. UBS Group cut shares of Ecolab from a buy rating to a neutral rating and raised their price target for the stock from $180.00 to $186.00 in a research note on Thursday, April 18th. JPMorgan Chase & Co. raised shares of DISCO CORP/ADR from an underweight rating to a neutral rating in a research note on Wednesday, April 17th. Finally, Credit Suisse Group raised their price target on shares of Delta Air Lines from $37.00 to $68.00 and gave the stock an outperform rating in a research note on Thursday, April 11th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of GBX 360.20 ($4.71).
Avast stock opened at GBX 328 ($4.29) on Monday. Avast has a 12-month low of GBX 225 ($2.94) and a 12-month high of GBX 322 ($4.21). The firm has a market cap of $3.19 billion and a PE ratio of 13.12. The business’s 50-day moving average price is GBX 309.67. The company has a debt-to-equity ratio of 154.65, a current ratio of 0.71 and a quick ratio of 0.63.
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.
Further Reading: Accumulation/Distribution
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