Avast (LON:AVST) had its price target lifted by Barclays from GBX 350 ($4.57) to GBX 390 ($5.10) in a report issued on Thursday, ThisIsMoney.Co.Uk reports. The firm currently has an overweight rating on the stock.
Several other research firms also recently weighed in on AVST. UBS Group restated a buy rating and issued a GBX 400 ($5.23) target price on shares of Avast in a research report on Wednesday, August 14th. JPMorgan Chase & Co. raised their target price on Avast from GBX 340 ($4.44) to GBX 350 ($4.57) and gave the company a neutral rating in a research report on Thursday. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Avast presently has an average rating of Buy and a consensus target price of GBX 376.20 ($4.92).
Shares of AVST stock opened at GBX 369 ($4.82) on Thursday. The company has a market capitalization of $3.61 billion and a P/E ratio of 19.22. The business’s 50 day moving average is GBX 330.14 and its two-hundred day moving average is GBX 308.17. The company has a current ratio of 0.51, a quick ratio of 0.43 and a debt-to-equity ratio of 127.92. Avast has a 12-month low of GBX 225.20 ($2.94) and a 12-month high of GBX 373.60 ($4.88).
In other news, insider Erwin Gunst sold 690,689 shares of the firm’s stock in a transaction that occurred on Wednesday, July 3rd. The stock was sold at an average price of GBX 318 ($4.16), for a total value of £2,196,391.02 ($2,869,973.89).
Avast Company Profile
Avast Plc, together with its subsidiaries, provides digital security products under the Avast, AVG, and CCleaner brands worldwide. It operates through two segments, Consumer and Small and Medium Business (SMB). The company offers desktop security and mobile device protection products; value-added solutions for performance, privacy, and other tools; dynamic secure search solution, including browser toolbar; and big data and marketing analytics solutions, as well as security solutions designed for small businesses.
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