Avast (LON: AVST) has been given an ‘equal weight’ rating by Barclays

Avast (LON: AVST) has been given an ‘equal weight’ rating by Barclays

Avast (LON: AVST)Barclays equity researchers reaffirmed an “equal weight” rating for Barclays Bank’s stock in a report released on Tuesday, Price Targets.com reports. They currently have a price target of GBX 565 ($7.67) on the stock. Barclays’ target price indicates a potential fall of 7.41% from the current share price.

AVST has been the subject of a number of other research reports. Peel Hunt reissued a “Hold” rating and issued a 355 GBX price target ($4.82) on Avast shares in a report on Wednesday, October 20th. It reaffirmed a “buy” rating and issued a GBX 550 ($7.47) price target for Avast shares in a research note on Friday, November 12th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 680 price target ($9.23) on shares of Avast in a research note on Thursday, October 7th. Finally, Peel Hunt reaffirmed the “Hold” rating and issued a 355 GBX price target ($4.82) on Avast shares in a research note on Wednesday, October 20th. Three research analysts have rated the stock with a hold rating, three have given a buy rating, and one has issued a strong buy rating to the stock. According to MarketBeat, Avast currently has an average rating of “Buy” and an average target price of GBX 531.67 ($7.22).

Avast shares opened at GBX 610.20 ($8.28) on Tuesday. The company has a debt-to-equity ratio of 67.29, a trading ratio of 0.74 and a quick ratio of 0.67. The company has a market capitalization of £6.33 billion and a price-earnings ratio of 29.47. The company has a 50 day simple moving average of GBX 600.36 and a 200 day simple moving average of GBX 574.64. Avast has a 52-week low of GBX 418 ($5.67) and a fifty-two week high of GBX 619.80 ($8.41).

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About Avast

Avast Plc, along with its subsidiaries, provides digital security products under the Avast, HMA, AVG and CCleaner brands worldwide. It operates through two divisions, Consumer and Small and Medium-sized Business (SMB). The company offers desktop security and mobile protection products; Value-added solutions for performance, privacy and other tools; Dynamic secure search solution, including browser toolbar; Big data and marketing analytics solutions, as well as security and protection solutions for small and medium-sized businesses.

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Avast Analyst Recommendations (LON: AVST)

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