Avon Products (AVP) : The consensus on Avon Products (AVP) based on 10 analyst recommendation on the company stock is 2.6, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Avon Products (AVP) : The highest level Avon Products (AVP) is projected to reach is $7 for the short term and the lowest estimate is at $3. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $4.78 and the possibility the share price can swing is $1.62.
Company shares have received an average consensus rating of Hold for the current week Also, Jefferies initiates coverage on Avon Products (NYSE:AVP). According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on June 3, 2016.
Avon Products (NYSE:AVP): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.73 and $4.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.08, notching a gain of 6.72% for the day. The total traded volume was 15,194,969 . The stock had closed at $4.76 on the previous day.
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.