Avianca Holdings SA Upgraded to Outperform by Zacks (AVH)
Avianca Holdings SA (NYSE:AVH) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a note issued to investors on Tuesday, StockRatingsNetwork reports. The firm currently has a $18.80 price objective on the stock. Zacks‘ price objective points to a potential upside of 7.06% from the company’s current price.
A number of other firms have also recently commented on AVH. Analysts at Deutsche Bank initiated coverage on shares of Avianca Holdings SA in a research note on Monday, December 16th. They set a “buy” rating and a $20.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. initiated coverage on shares of Avianca Holdings SA in a research note on Monday, December 16th. They set an “overweight” rating and a $24.00 price target on the stock. Finally, analysts at Bank of America initiated coverage on shares of Avianca Holdings SA in a research note on Monday, December 16th. They set a “buy” rating and a $21.00 price target on the stock. Five analysts have rated the stock with a buy rating, Avianca Holdings SA has an average rating of “Buy” and an average target price of $20.95.
Shares of Avianca Holdings SA (NYSE:AVH) traded down 4.21% on Tuesday, hitting $16.82. The stock had a trading volume of 277,768 shares. Avianca Holdings SA has a 52 week low of $13.78 and a 52 week high of $18.59. The stock’s 50-day moving average is $16.62 and its 200-day moving average is $15.61. The company has a market cap of $2.105 billion and a price-to-earnings ratio of 9.34.
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