Avon Products (NYSE:AVP) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $7 and the lowest price target forecast is $3. The average forecast of all the analysts is $4.78 and the expected standard deviation is $1.62.
Avon Products Inc. has lost 10.85% in the last five trading days and dropped 4.55% in the last 4 weeks. Avon Products Inc. has dropped 20.59% during the last 3-month period . Year-to-Date the stock performance stands at -6.67%. Also, Jefferies initiates coverage on Avon Products (NYSE:AVP) The shares have been rated Buy. The rating by the firm was issued on June 3, 2016.
Avon Products (NYSE:AVP) : 10 analysts are covering Avon Products (NYSE:AVP) and their average rating on the stock is 2.6, which is read as a Hold. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Avon Products (NYSE:AVP): The stock opened at $3.86 on Thursday but the bulls could not build on the opening and the stock topped out at $3.87 for the day. The stock traded down to $3.73 during the day, due to lack of any buying support eventually closed down at $3.78 with a loss of -0.79% for the day. The stock had closed at $3.81 on the previous day. The total traded volume was 6,156,449 shares.
In an insider trading activity, Munoz Pablo, officer (Senior Vice President) of Avon Products Inc, executed a transaction worth $72,500 on May 5, 2015. A total of 10,000 shares were purchased at an average price of $7.25. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. 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.