AVG Technologies Stock Rating Lowered by JMP Securities (AVG)
JMP Securities lowered shares of AVG Technologies (NYSE: AVG) from an outperform rating to a market perform rating in a report released on Friday. JMP Securities currently has $18.00 target price on the stock.
Shares of AVG Technologies traded down 10.28% during mid-day trading on Friday, hitting $12.22. AVG Technologies has a one year low of $9.42 and a one year high of $16.39. The stock’s 50-day moving average is currently $14.3. The company has a market cap of $660.1 million and a P/E ratio of 16.14.
A number of other firms have also recently commented on AVG. Analysts at Zacks upgraded shares of AVG Technologies from a neutral rating to an outperform rating in a research note to investors on Tuesday, February 26th. They now have a $16.40 price target on the stock. Separately, analysts at JPMorgan Chase raised their price target on shares of AVG Technologies from $20.00 to $23.00 in a research note to investors on Friday, February 22nd. They now have an overweight rating on the stock. Finally, analysts at JPMorgan Chase reiterated an overweight rating on shares of AVG Technologies in a research note to investors on Friday, February 1st. They now have a $20.00 price target on the stock.
AVG Technologies N.V. (AVG) provides software and online services that deliver to users by securing their Internet.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.