Other equities research analysts have also recently issued research reports about the stock. Peel Hunt reissued a sell rating and set a GBX 355 ($4.64) target price on shares of Avast in a research report on Wednesday, August 12th. Jefferies Financial Group increased their target price on shares of Avast from GBX 557 ($7.28) to GBX 648 ($8.47) and gave the company a buy rating in a research report on Wednesday, July 8th. Citigroup began coverage on shares of Avast in a research report on Friday, September 11th. They set a neutral rating and a GBX 530 ($6.93) target price for the company. Peel Hunt reissued a sell rating and set a GBX 355 ($4.64) target price on shares of Avast in a research report on Wednesday, August 12th. Finally, UBS Group reissued a buy rating and set a GBX 600 ($7.84) target price (up previously from GBX 500 ($6.53)) on shares of Avast in a research report on Wednesday, July 8th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Avast presently has a consensus rating of Buy and a consensus price target of GBX 540.67 ($7.06).
LON:AVST opened at GBX 526.50 ($6.88) on Tuesday. Avast has a 52 week low of GBX 263.60 ($3.44) and a 52 week high of GBX 604.50 ($7.90). The firm has a 50 day moving average of GBX 556.96 and a 200 day moving average of GBX 483.93. The company has a quick ratio of 0.38, a current ratio of 0.45 and a debt-to-equity ratio of 84.48. The stock has a market capitalization of $5.41 billion and a price-to-earnings ratio of 25.07.
The firm also recently disclosed a dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 10th will be paid a $0.05 dividend. The ex-dividend date is Thursday, September 10th. This represents a dividend yield of 0.63%. Avast’s payout ratio is currently 33.33%.
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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