AVG Technologies N.V. (AVG) Receives Analyst Rating

AVG Technologies N.V. (AVG) : 4 analysts are covering AVG Technologies N.V. (AVG) and their average rating on the stock is 3.5, 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 3 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, JMP Securities downgrades its outlook on AVG Technologies N.V. (NYSE:AVG). The current rating of the shares is Market Perform, according to the research report released by the firm. Previously, the company had a rating of Market Outperform. The rating by the firm was issued on August 1, 2016.

AVG Technologies N.V. (NYSE:AVG): After opening at $24.85, the stock dipped to an intraday low of $24.81 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $24.915 and the buying power remained strong till the end. The stock closed at $24.87 for the day, a gain of 0.08% for the day session. The total traded volume was 578,319. The stocks close on the previous trading day was $24.85.

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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