Shares of Avon Products, Inc. (NYSE:AVP) have been given an average recommendation of “Hold” by the eight brokerages that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $5.58.

A number of research firms recently weighed in on AVP. Zacks Investment Research raised shares of Avon Products from a “hold” rating to a “buy” rating and set a $5.25 price objective on the stock in a research report on Tuesday, May 2nd. Royal Bank Of Canada reissued a “hold” rating and issued a $4.00 price objective on shares of Avon Products in a research report on Friday, March 24th. DA Davidson began coverage on shares of Avon Products in a research report on Thursday, July 6th. They issued a “neutral” rating and a $4.25 price objective on the stock. Finally, ValuEngine lowered shares of Avon Products from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd.

Institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its position in shares of Avon Products by 28.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,582,658 shares of the company’s stock worth $33,178,000 after buying an additional 1,442,984 shares in the last quarter. Credit Agricole S A bought a new position in shares of Avon Products during the fourth quarter worth approximately $104,000. Envestnet Asset Management Inc. increased its position in shares of Avon Products by 0.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 51,377 shares of the company’s stock worth $259,000 after buying an additional 258 shares in the last quarter. A.R.T. Advisors LLC bought a new position in shares of Avon Products during the fourth quarter worth approximately $111,000. Finally, Tudor Investment Corp Et Al increased its position in shares of Avon Products by 6.0% in the fourth quarter. Tudor Investment Corp Et Al now owns 35,101 shares of the company’s stock worth $177,000 after buying an additional 1,998 shares in the last quarter. Institutional investors and hedge funds own 86.90% of the company’s stock.

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Avon Products (NYSE AVP) opened at 3.61 on Tuesday. The stock’s 50 day moving average price is $3.56 and its 200-day moving average price is $4.54. Avon Products has a 52 week low of $3.24 and a 52 week high of $6.96. The company’s market capitalization is $1.59 billion.

Avon Products (NYSE:AVP) last announced its earnings results on Thursday, May 4th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by $0.08. The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Avon Products had a net margin of 0.26% and a negative return on equity of 3.68%. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.07) earnings per share. On average, equities research analysts predict that Avon Products will post $0.22 earnings per share for the current fiscal year.

About Avon Products

Avon Products, Inc is a manufacturer and marketer of beauty and related products. The Company’s segments include Europe, Middle East & Africa; South Latin America; North Latin America, and Asia Pacific. Its product categories are Beauty, and Fashion and Home. Beauty consists of skincare (which includes personal care), fragrance and color (cosmetics).

Analyst Recommendations for Avon Products (NYSE:AVP)

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