Avon Products Inc. (NYSE:AVP) shot up 5.2% during trading on Friday . The stock traded as high as $4.10 and last traded at $4.08, with a volume of 3,219,714 shares trading hands. The stock had previously closed at $3.88.

Several research firms have commented on AVP. Piper Jaffray Cos. reiterated a “neutral” rating and issued a $4.00 price objective on shares of Avon Products in a research note on Thursday, July 14th. Jefferies Group assumed coverage on shares of Avon Products in a research note on Friday, June 3rd. They issued a “buy” rating and a $7.00 price objective for the company. B. Riley reissued a “neutral” rating and set a $4.50 target price on shares of Avon Products in a research report on Saturday, May 14th. Citigroup Inc. increased their target price on shares of Avon Products from $5.00 to $6.00 and gave the company a “buy” rating in a research report on Thursday, May 12th. Finally, Zacks Investment Research downgraded shares of Avon Products from a “buy” rating to a “hold” rating in a research report on Wednesday, April 20th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Avon Products currently has an average rating of “Buy” and a consensus price target of $7.66.

The company’s 50-day moving average is $3.94 and its 200 day moving average is $3.97. The stock’s market capitalization is $1.78 billion.

Avon Products (NYSE:AVP) last issued its earnings results on Thursday, May 5th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by $0.10. The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period in the previous year, the business earned $0.03 earnings per share. The business’s revenue was down 15.8% on a year-over-year basis. On average, analysts anticipate that Avon Products Inc. will post $0.11 earnings per share for the current year.

A number of hedge funds and institutional investors have recently modified their holdings of AVP. Poplar Forest Capital LLC boosted its position in shares of Avon Products by 59.7% in the fourth quarter. Poplar Forest Capital LLC now owns 3,766,110 shares of the company’s stock valued at $15,253,000 after buying an additional 1,408,506 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Avon Products by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 505,490 shares of the company’s stock valued at $2,047,000 after buying an additional 7,594 shares during the period. BNP Paribas Arbitrage SA boosted its position in shares of Avon Products by 23.2% in the fourth quarter. BNP Paribas Arbitrage SA now owns 312,771 shares of the company’s stock valued at $1,267,000 after buying an additional 58,835 shares during the period. Advisors Asset Management Inc. boosted its position in shares of Avon Products by 53.0% in the fourth quarter. Advisors Asset Management Inc. now owns 1,801,078 shares of the company’s stock valued at $7,294,000 after buying an additional 624,004 shares during the period. Finally, Schroder Investment Management Group boosted its position in shares of Avon Products by 63.7% in the fourth quarter. Schroder Investment Management Group now owns 583,599 shares of the company’s stock valued at $2,364,000 after buying an additional 227,076 shares during the period.

Avon Products, Inc is a manufacturer and marketer of beauty and related products. The Company’s product categories are Beauty, and Fashion and Home. Beauty consists of skincare (which includes personal care), fragrance and color (cosmetics). Fashion and Home consists of fashion jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, children’s products and nutritional products.

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