Avon Products, Inc. (NYSE:AVP)‘s stock had its “hold” rating reiterated by equities researchers at Stifel Nicolaus in a research report issued on Friday. They currently have a $3.00 price target on the stock. Stifel Nicolaus’ target price suggests a potential upside of 54.64% from the company’s previous close.

Several other research analysts have also recently issued reports on the company. DA Davidson assumed coverage on Avon Products in a research note on Thursday, July 6th. They issued a “neutral” rating and a $4.25 price objective on the stock. UBS AG dropped their price objective on Avon Products from $3.50 to $2.75 and set a “sell” rating on the stock in a research note on Friday, August 4th. Zacks Investment Research cut Avon Products from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 9th. Royal Bank Of Canada reissued a “hold” rating and issued a $3.00 price objective on shares of Avon Products in a research note on Friday, October 13th. Finally, Jefferies Group LLC assumed coverage on Avon Products in a research note on Wednesday, September 13th. They issued an “underperform” rating and a $2.20 price objective on the stock. Three research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $3.19.

Avon Products (NYSE AVP) traded down $0.43 on Friday, hitting $1.94. The stock had a trading volume of 10,960,100 shares, compared to its average volume of 3,460,307.

Avon Products (NYSE:AVP) last released its earnings results on Thursday, November 2nd. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.04). The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.41 billion. Avon Products had a negative net margin of 1.40% and a negative return on equity of 3.68%. The company’s quarterly revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.02 EPS. equities analysts predict that Avon Products will post 0.09 earnings per share for the current fiscal year.

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A number of institutional investors have recently bought and sold shares of the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Avon Products by 0.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 64,193 shares of the company’s stock worth $244,000 after buying an additional 213 shares during the period. Oakbrook Investments LLC lifted its holdings in shares of Avon Products by 2.5% during the 2nd 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. Bank of Montreal Can lifted its holdings in shares of Avon Products by 5.7% during the 2nd quarter. Bank of Montreal Can now owns 40,376 shares of the company’s stock valued at $153,000 after purchasing an additional 2,165 shares during the last quarter. Retirement Systems of Alabama lifted its holdings in shares of Avon Products by 0.5% during the 2nd quarter. Retirement Systems of Alabama now owns 567,032 shares of the company’s stock valued at $2,155,000 after purchasing an additional 2,854 shares during the last quarter. Finally, Arizona State Retirement System lifted its holdings in shares of Avon Products by 1.8% during the 2nd quarter. Arizona State Retirement System now owns 185,400 shares of the company’s stock valued at $705,000 after purchasing an additional 3,200 shares during the last quarter. Institutional investors own 84.88% of the company’s stock.

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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