Today Citigroup Keeps a “Buy” Rating on Avon Products Inc (NYSE:AVP) and a $6.00 Target Price

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Avon Products Inc (NYSE:AVP) Rating Reaffirmed

In a note made public this morning, Citigroup reiterated their “Buy” rating on Avon Products Inc (NYSE:AVP) shares. The target may suggest a possible upside of 42.18% from firm’s stock close price.

From a total of 10 analysts covering Avon Products Inc. (NYSE:AVP) stock, 1 rate it a ”Buy”, 1 a “Sell”, and 11 a ”Hold”. This means that 8% of the ratings are positive. The highest target price is $10 while the lowest target price is $2.5. The mean of all analyst targets is $4.77 with a 40.52% above today’s ($4.22) stock price. Avon Products Inc. was the topic of 8 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Citigroup upgraded shares on November 24 to “Buy” rating. UBS maintained shares with “Neutral” rating and $5.50 target share price in a report from a July 31. B. Riley & Co maintained AVP stock in a recent report from November 5 with “Neutral” rating.

The stock increased 5.76% or $0.23 on December 4, striking $4.22. Approximately shares of stock traded hands. Avon Products, Inc. (NYSE:AVP) has declined 48.35% since May 4, 2015 and is downtrending. It has underperformed by 47.27% the S&P500.

Avon Products, Inc. is a manufacturer and marketer of beauty and related products. The company has a market cap of $1.84 billion. The Company’s offers its products under two product categories: Beauty and Fashion & Home. It currently has negative earnings. Beauty consists of skincare , fragrance and color (cosmetics).

According to Zacks Investment Research, “Avon Products, Inc. is one of the world’s leading manufacturers and marketers of beauty and related products, which include cosmetics, fragrance and toiletries; beauty plus which consists of jewelry and accessories and apparel; and non-core which consists of gift and decorative and home entertainment products.” Get a free copy of the Zacks research report on Avon Products, Inc. (AVP).

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