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Avianca Holdings SA (NYSE:AVH) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued to investors on Thursday. They currently have a $15.30 target price on the stock. Zacks‘s price objective indicates a potential downside of 5.20% from the stock’s previous close.

Separately, analysts at Bank of America downgraded shares of Avianca Holdings SA from a “buy” rating to a “neutral” rating in a research note on Monday, July 21st. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $18.10.

Shares of Avianca Holdings SA (NYSE:AVH) traded down 0.81% during mid-day trading on Thursday, hitting $16.01. The stock had a trading volume of 135,671 shares. Avianca Holdings SA has a 52-week low of $13.78 and a 52-week high of $18.59. The stock has a 50-day moving average of $16.31 and a 200-day moving average of $16.38. The company has a market cap of $1.995 billion and a price-to-earnings ratio of 20.38.

Avianca Holdings SA (NYSE:AVH) last posted its quarterly earnings results on Monday, August 18th. The company reported $0.15 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.11. Analysts expect that Avianca Holdings SA will post $1.17 EPS for the current fiscal year.

Avianca Holdings SA is a Panama-based company engaged, through its subsidiaries, in the provision of air transportation services for passengers and commercial purposes.

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