Brokerage Firm Rating Update on Avon Products (AVP)

Avon Products (AVP) : 2 brokerage houses believe that Avon Products (AVP) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Avon Products (AVP). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 9 Wall Street Analysts endorse the stock as a Hold with a rating of 2.78.

Avon Products (AVP) stock is expected to deviate a maximum of $1.59 from the average target price of $5.41 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $8 and the most muted being $3.


Company shares have received an average consensus rating of Hold for the current week Also, UBS maintains their rating on the shares of Avon Products (NYSE:AVP). The current rating of the shares is Sell. Equity Analysts at the Firm raises the price target to $4 per share from $3 per share. The rating by the firm was issued on August 3, 2016.

Avon Products (NYSE:AVP): stock was range-bound between the intraday low of $5.845 and the intraday high of $5.965 after having opened at $5.9 on Wednesdays session. The stock finally closed in the red at $5.9, a loss of -0.17%. The stock remained in the red for the whole trading day. The total traded volume was 6,531,572 shares. The stock failed to cross $5.965 in Wednesdays trading. The stocks closing price on Thursday was $5.92.

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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