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Avon Products (NYSE:AVP)‘s stock had its “buy” rating restated by investment analysts at B. Riley in a note issued to investors on Friday. They currently have a $16.00 price objective on the stock, down from their previous price objective of $18.00. B. Riley’s price target would suggest a potential upside of 21.21% from the stock’s previous close.

Shares of Avon Products (NYSE:AVP) traded up 0.45% during mid-day trading on Friday, hitting $13.26. 3,907,477 shares of the company’s stock traded hands. Avon Products has a one year low of $12.80 and a one year high of $22.86. The stock has a 50-day moving average of $14.23 and a 200-day moving average of $14.63. The company’s market cap is $5.761 billion. Avon Products also saw some unusual options trading activity on Tuesday. Stock traders purchased 10,967 put options on the company. This represents an increase of 654% compared to the typical daily volume of 1,454 put options.

Avon Products (NYSE:AVP) last announced its earnings results on Thursday, July 31st. The company reported $0.20 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.21 by $0.01. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.23 billion. During the same quarter in the prior year, the company posted $0.29 earnings per share. The company’s quarterly revenue was down 12.8% on a year-over-year basis. On average, analysts predict that Avon Products will post $0.82 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 2nd. Stockholders of record on Thursday, August 14th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.82%.

A number of other analysts have also recently weighed in on AVP. Analysts at Zacks upgraded shares of Avon Products from an “underperform” rating to a “neutral” rating in a research note on Friday, July 18th. They now have a $15.00 price target on the stock. Finally, analysts at Ned Davis Research upgraded shares of Avon Products from a “neutral” rating to a “buy” rating in a research note on Monday, May 12th. Eight investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $17.73.

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

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