Avon Products, Inc. (NYSE:AVP)‘s stock had its “hold” rating reaffirmed by equities researchers at Royal Bank Of Canada in a research note issued to investors on Friday. They currently have a $3.00 price target on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 25.52% from the company’s current price.

A number of other research firms also recently commented on AVP. Zacks Investment Research raised Avon Products from a “strong sell” rating to a “hold” rating in a report on Tuesday. Jefferies Group LLC started coverage on Avon Products in a report on Wednesday, September 13th. They issued an “underperform” rating and a $2.20 price target on the stock. Stifel Nicolaus reissued a “hold” rating and issued a $4.00 price target (down previously from $4.50) on shares of Avon Products in a report on Wednesday, August 9th. ValuEngine downgraded Avon Products from a “hold” rating to a “sell” rating in a report on Friday, August 4th. Finally, UBS AG cut their price target on Avon Products from $3.50 to $2.75 and set a “sell” rating on the stock in a report on Friday, August 4th. Three investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. Avon Products currently has a consensus rating of “Hold” and a consensus target price of $3.49.

Avon Products (NYSE AVP) traded up 3.46% during trading on Friday, reaching $2.39. The company’s stock had a trading volume of 2,534,379 shares. The company’s 50-day moving average is $2.44 and its 200-day moving average is $3.40. The company’s market capitalization is $1.05 billion. Avon Products has a 1-year low of $2.24 and a 1-year high of $6.96.

Avon Products (NYSE:AVP) last posted its earnings results on Thursday, August 3rd. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.10). Avon Products had a negative net margin of 0.99% and a negative return on equity of 3.68%. The company had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter last year, the business posted $0.07 EPS. Avon Products’s quarterly revenue was down 2.7% compared to the same quarter last year. Equities analysts anticipate that Avon Products will post $0.14 EPS for the current year.

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Several institutional investors have recently modified their holdings of AVP. Two Sigma Securities LLC boosted its position in Avon Products by 1.9% during the first quarter. Two Sigma Securities LLC now owns 22,824 shares of the company’s stock valued at $100,000 after purchasing an additional 420 shares during the last quarter. Alpine Global Management LLC acquired a new stake in Avon Products during the second quarter valued at $100,000. Shelton Capital Management acquired a new stake in Avon Products during the second quarter valued at $122,000. Oakbrook Investments LLC boosted its position in Avon Products by 2.5% during the second quarter. Oakbrook Investments LLC now owns 32,500 shares of the company’s stock valued at $124,000 after purchasing an additional 800 shares during the last quarter. Finally, LS Investment Advisors LLC boosted its position in Avon Products by 17.5% during the second quarter. LS Investment Advisors LLC now owns 35,108 shares of the company’s stock valued at $133,000 after purchasing an additional 5,217 shares during the last quarter. 84.24% of the stock is owned by institutional investors and hedge funds.

Avon Products Company Profile

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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