Avast (LON:AVST) had its target price raised by JPMorgan Chase & Co. from GBX 340 ($4.44) to GBX 350 ($4.57) in a research report report published on Thursday, Digital Look reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.
A number of other equities analysts have also recently issued reports on AVST. Barclays reissued an overweight rating on shares of Avast in a report on Monday, July 8th. UBS Group reissued a buy rating and issued a GBX 400 ($5.23) target price on shares of Avast in a report on Wednesday, August 14th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of GBX 376.20 ($4.92).
Shares of LON AVST opened at GBX 369 ($4.82) on Thursday. The company has a quick ratio of 0.43, a current ratio of 0.51 and a debt-to-equity ratio of 127.92. The firm’s 50-day moving average price is GBX 330.14 and its two-hundred day moving average price is GBX 308.17. Avast has a 52-week low of GBX 225.20 ($2.94) and a 52-week high of GBX 373.60 ($4.88). The stock has a market capitalization of $3.61 billion and a P/E ratio of 19.22.
The firm also recently announced a dividend, which will be paid on Friday, October 11th. Shareholders of record on Thursday, September 12th will be issued a $0.04 dividend. The ex-dividend date is Thursday, September 12th. This represents a yield of 1.03%. Avast’s dividend payout ratio is currently 0.36%.
In other Avast news, insider Erwin Gunst sold 690,689 shares of the firm’s stock in a transaction dated Wednesday, July 3rd. The shares were sold at an average price of GBX 318 ($4.16), for a total value of £2,196,391.02 ($2,869,973.89).
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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