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Research analysts at Credit Suisse dropped their price objective on shares of Avon Products (NYSE:AVP) from $19.00 to $15.00 in a report released on Tuesday, Analyst Ratings Net reports. Credit Suisse’s target price would indicate a potential upside of 11.28% from the stock’s previous close.

AVP has been the subject of a number of other recent research reports. Analysts at Stifel Nicolaus cut their price target on shares of Avon Products from $23.00 to $19.00 in a research note on Friday. They now have a “buy” rating on the stock. Separately, analysts at Bank of America reiterated a “neutral” rating on shares of Avon Products in a research note on Friday. They now have a $15.00 price target on the stock, down previously from $17.00. Finally, analysts at B. Riley cut their price target on shares of Avon Products from $21.00 to $18.00 in a research note on Friday. They now have a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock. Avon Products currently has an average rating of “Hold” and an average target price of $17.70.

Shares of Avon Products (NYSE:AVP) traded down 0.22% during mid-day trading on Tuesday, hitting $13.4499. The stock had a trading volume of 1,912,035 shares. Avon Products has a one year low of $13.22 and a one year high of $24.71. The stock’s 50-day moving average is $14.68 and its 200-day moving average is $16.31. The company’s market cap is $5.843 billion.

Avon Products (NYSE:AVP) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.21 by $0.09. The company had revenue of $2.20 million for the quarter, compared to the consensus estimate of $2.20 million. During the same quarter in the prior year, the company posted $0.26 earnings per share. The company’s quarterly revenue was down 11.1% on a year-over-year basis. Analysts expect that Avon Products will post $0.86 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, June 2nd. Investors of record on Thursday, May 15th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend is Tuesday, May 13th.

Avon Products, Inc (NYSE:AVP) is a manufacturer and marketer of beauty and related products.

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