Avon Products (AVP) Receives ‘Analyst’ Rating

Avon Products (AVP) : The consensus on Avon Products (AVP) based on 9 analyst recommendation on the company stock is 2.78, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 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 short term price target forecast on Avon Products (AVP) is $8 and the lowest target price is $3. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $5.53 with a standard deviation of $1.59.


Also, UBS maintains its rating on Avon Products (NYSE:AVP). The global brokerage major raises the current price target from $3 per share to $4 per share. Analysts at the UBS have a current rating of Sell on the shares. The rating by the firm was issued on August 3, 2016.

Avon Products (NYSE:AVP): After opening at $5.25, the stock dipped to an intraday low of $5.21 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $5.3 and the buying power remained strong till the end. The stock closed at $5.27 for the day, a gain of 0.76% for the day session. The total traded volume was 3,700,179. The stocks close on the previous trading day was $5.23.

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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