Avon Products (AVP) : The highest short term price target forecast on Avon Products (AVP) is $7 and the lowest target price is $3. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $4.78 with a standard deviation of $1.62.
Avon Products (AVP) has witnessed a rise of 45.6% or 8,790,283 shares in its short figure. The short interest augmentation took it from 19,263,934 on June 15,2016 to 28,054,217 on June 30,2016. In terms of floated shares, the short interest was calculated to be 6.4%. The days to cover are 3 given that the daily volume averaged 8,423,172 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Jefferies initiates coverage on Avon Products (NYSE:AVP) . Analysts at the Jefferies have a current rating of Buy on the shares. 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 $4.04, the bulls momentum made the stock top out at $4.15 level for the day. The stock recorded a low of $3.955 and closed the trading day at $4.08, in the green by 0.99%. The total traded volume for the day was 3,767,360. The stock had closed at $4.04 in the previous days trading.
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.