Avon Products (AVP) : 8 Wall Street analysts covering Avon Products (AVP) believe that the average level the stock could reach for the short term is $5.16. The maximum price target given is $8 and the minimum target for short term is around $3, hence the standard deviation is calculated at $1.64.
Avon Products (AVP) : 9 analysts are covering Avon Products (AVP) and their average rating on the stock is 2.78, which is read as a Hold. 2 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.
Also, In the latest statement by the brokerage house, UBS maintains its outlook on Avon Products (NYSE:AVP). The current rating of the shares is Sell, according to the research report released by the firm. The brokerage firm raises the price target from $3 per share to $4 per share. The rating by the firm was issued on August 3, 2016.
Avon Products (NYSE:AVP): The stock opened at $5.73 on Thursday but the bulls could not build on the opening and the stock topped out at $5.74 for the day. The stock traded down to $5.50 during the day, due to lack of any buying support eventually closed down at $5.56 with a loss of -2.46% for the day. The stock had closed at $5.70 on the previous day. The total traded volume was 4,410,434 shares.
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.