Price Target Update on Avon Products (NYSE:AVP)

Avon Products (NYSE:AVP) : 9 investment research analysts covering Avon Products (NYSE:AVP) have an average price target of $4.89 for the near short term. The highest target price given by the Brokerage Firm to the stock is $7 and the lowest target is $3 for the short term. Analysts expect the variance to be within $1.6 of the average price.

Other Equity analysts have also commented on the company shares. Jefferies initiates coverage on Avon Products (NYSE:AVP). The current rating of the shares is Buy, according to the research report released by the firm. The rating by the firm was issued on June 3, 2016.

Avon Products (NYSE:AVP): stock turned positive on Thursday. Though the stock opened at $4.24, the bulls momentum made the stock top out at $4.315 level for the day. The stock recorded a low of $4.21 and closed the trading day at $4.24, in the green by 1.92%. The total traded volume for the day was 3,567,920. The stock had closed at $4.16 in the previous days trading.

The company shares have dropped -38.46% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $6.83 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $4.06 and the 200 Day Moving Average price is recorded at $3.97. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (Senior Vice President) of Avon Products Inc, Munoz Pablo had purchased shares worth of $72,500 in a transaction dated on May 5, 2015. A total of 10,000 shares were purchased at a price of $7.25 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Avon Products, Inc. is a manufacturer and marketer of beauty and related products. The Companys offers its products under two product categories: Beauty and Fashion & Home. Beauty consists of skincare (which includes personal care), fragrance and color (cosmetics). Fashion & Home consists of fashion jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, childrens products and nutritional products. The Companys segments are -based on geographic operations and include commercial business units in Latin America; Europe, Middle East & Africa; North America, and Asia Pacific. The Companys business is conducted primarily in one channel, direct selling. The Company has sales operations in 60 countries and territories, including the United States, and distributed its products in 41 other countries and territories.

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