Avon Products Inc. (NYSE:AVP) shares rose 5.2% during mid-day 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 traded. The stock had previously closed at $3.88.

AVP has been the subject of several research reports. Sterne Agee CRT reaffirmed a “buy” rating and set a $6.00 price target on shares of Avon Products in a research note on Thursday, April 14th. Zacks Investment Research downgraded Avon Products from a “buy” rating to a “hold” rating in a research note on Wednesday, April 20th. Citigroup Inc. lifted their price target on Avon Products from $5.00 to $6.00 and gave the stock a “buy” rating in a research note on Thursday, May 12th. Jefferies Group initiated coverage on Avon Products in a research note on Friday, June 3rd. They set a “buy” rating and a $7.00 price target for the company. Finally, Piper Jaffray Cos. reaffirmed a “neutral” rating and set a $4.00 price target on shares of Avon Products in a research note on Thursday, July 14th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $7.66.

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

Avon Products (NYSE:AVP) last released its quarterly earnings results on Thursday, May 5th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by $0.10. The firm earned $1.30 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the firm posted $0.03 earnings per share. The business’s quarterly revenue was down 15.8% on a year-over-year basis. On average, equities analysts forecast that Avon Products Inc. will post $0.11 earnings per share for the current fiscal year.

A number of hedge funds and institutional investors have recently made changes to their positions in the stock. Liberty Mutual Group Asset Management Inc. boosted its position in shares of Avon Products by 51.8% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 280,461 shares of the company’s stock valued at $1,136,000 after buying an additional 95,659 shares in the last quarter. Mutual of America Capital Management LLC boosted its position in shares of Avon Products by 5.6% in the fourth quarter. Mutual of America Capital Management LLC now owns 306,053 shares of the company’s stock valued at $1,240,000 after buying an additional 16,344 shares in the last quarter. 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 in the last quarter. 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 in the last quarter. 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 in the last quarter.

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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