Analyst Rating Update on AVG Technologies N.V. (AVG)

AVG Technologies N.V. (AVG) : 5 analysts are covering AVG Technologies N.V. (AVG) and their average rating on the stock is 3.4, which is read as a Hold. 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 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

AVG Technologies N.V. (AVG) : Currently there are 3 street experts covering AVG Technologies N.V. (AVG) stock. The most bullish and bearish price target for the stock is $25 and $21 respectively for the short term. The average price target of all the analysts comes to $22.67. The estimated standard deviation from the target is $2.08.

Company shares have received an average consensus rating of Hold for the current week


AVG Technologies N.V. (NYSE:AVG): The stock opened at $24.69 on Wednesday but the bulls could not build on the opening and the stock topped out at $24.78 for the day. The stock traded down to $24.69 during the day, due to lack of any buying support eventually closed down at $24.74 with a loss of -0.08% for the day. The stock had closed at $24.76 on the previous day. The total traded volume was 924,271 shares.

AVG Technologies N.V. (AVG) provides software and online services that deliver peace of mind to users by simplifying, optimizing and securing their Internet experiences. The Company is primarily engaged in the development and sale of online service solutions and Internet security software branded under the AVG name. The Company solutions encompassing software and online services include security, Personal Computer (PC) optimization, online privacy, cloud-based desktop management, mobile security, content filtering, remote monitoring and other products on various desktop and mobile operating systems. The Company product portfolio targets the consumer and Server Message Block (SMB) markets across multiple devices and operating systems and includes Internet security, PC performance optimization, online backup, identity protection, family safety, remote control, network auditing, monitoring and alerting software.

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