The firm presently has a "sell" rating on the stock. Its last month's stock price volatility remained 8.2% which for the week approaches 6.46%. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover AVP having a buy-equivalent rating. Finally, ValuEngine downgraded Avon Products from a "hold" rating to a "sell" rating in a research report on Friday, June 2nd. Zacks Investment Research upgraded Avon Products from a "strong sell" rating to a "hold" rating in a research report on Wednesday, July 5th. On July 7 analysts at DA Davidson started coverage with an initial rating of "Neutral". They now have a Dollars 4.25 price target on the stock. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company's stock. They now have a Dollars 5.25 price target on the stock.
Avon Products (NYSE:AVP) last announced its quarterly earnings results on Thursday, August 3rd. A total of 8.19 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 8.26 Million shares, while its relative volume stands at 0.99. Avon Products has a 12-month low of $2.89 and a 12-month high of $6.96. The stock's market capitalization is 1.48B.
Barclays maintained its $4 price target on the company, but said that the stock was not investable due to poor cash flow and "continued execution missteps".More news: Watch Chris Cornell's Daughter Sing 'Hallelujah' for Father and Chester Bennington
Avon Products, Inc. (AVP) failed to surprise the stock market in its last reported earnings when it earned -$0.07 a piece versus the consensus-estimated $0.01. Avon Products had a net margin of 0.26% and a negative return on equity of 3.68%. The business had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter past year, the firm earned $0.07 EPS. The firm's revenue for the quarter was down 2.7% on a year-over-year basis. Duncker Streett & Incorporated has invested 0.01% in Avon Products, Inc.
ILLEGAL ACTIVITY WARNING: "Avon Products, Inc. (AVP) PT Lowered to $2.75 at UBS AG" was first posted by Markets Daily and is the property of of Markets Daily. If you are viewing this article on another publication, it was copied illegally and republished in violation of United States and global copyright legislation. The legal version of this story can be accessed at https://transcriptdaily.com/2017/08/04/avon-products-inc-nyseavp-reaches-new-52-week-low-after-earnings-miss.html. Teachers Advisors LLC now owns 2,273,528 shares of the company's stock valued at $11,459,000 after buying an additional 1,571,089 shares during the last quarter. Americafirst Capital Management LLC bought a new position in Avon Products during the first quarter worth approximately $689,000. Teachers Advisors LLC increased its stake in shares of Avon Products by 223.7% in the fourth quarter. Point View Wealth Management Inc. now owns 25,485 shares of the company's stock valued at $112,000 after buying an additional 981 shares during the period. Finally, Dynamic Capital Management Ltd increased its position in shares of Avon Products by 565.6% in the first quarter. Vanguard Group Inc. now owns 40,109,692 shares of the company's stock worth $176,482,000 after buying an additional 1,495,063 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Avon Products by 44.7% in the first quarter. Prudential Financial Inc. now owns 9,979,702 shares of the company's stock worth $43,911,000 after buying an additional 873,470 shares during the last quarter.