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Imperial Capital reduced their target price on shares of AVG Technologies NV (NYSE:AVG) from $21.00 to $20.00 in a research note issued on Thursday. The firm currently has an “in-line” rating on the stock. Imperial Capital’s price target points to a potential upside of 17.30% from the stock’s previous close.

Shares of AVG Technologies NV (NYSE:AVG) traded up 0.29% on Thursday, hitting $17.05. The stock had a trading volume of 705,657 shares. AVG Technologies NV has a 52-week low of $15.19 and a 52-week high of $26.56. The stock’s 50-day moving average is $19.81 and its 200-day moving average is $19.22. The company has a market cap of $893.7 million and a P/E ratio of 18.58.

AVG Technologies NV (NYSE:AVG) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. The company had revenue of $88.00 million for the quarter, compared to the consensus estimate of $91.44 million. During the same quarter in the previous year, the company posted $0.54 earnings per share. The company’s revenue for the quarter was down 12.4% on a year-over-year basis. On average, analysts predict that AVG Technologies NV will post $1.94 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs initiated coverage on shares of AVG Technologies NV in a research note on Wednesday, July 16th. They set a “neutral” rating on the stock. Separately, analysts at TheStreet upgraded shares of AVG Technologies NV from a “hold” rating to a “buy” rating in a research note on Friday, May 30th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $21.70.

AVG Technologies N.V. (NYSE:AVG), provides software and online services.

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