UBS Group Reaffirms “Buy” Rating for Avast (AVST)

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UBS Group reiterated their buy rating on shares of Avast (LON:AVST) in a research note issued to investors on Thursday, investing.thisismoney.co.uk reports.

Other research analysts have also issued reports about the company. Jefferies Financial Group restated a buy rating and issued a GBX 360 ($4.70) target price on shares of Avast in a research note on Thursday, February 28th. JPMorgan Chase & Co. started coverage on Avast in a research note on Thursday, January 10th. They issued a neutral rating and a GBX 310 ($4.05) target price for the company. Finally, Barclays restated an overweight rating on shares of Avast in a research note on Monday. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of GBX 334 ($4.36).

Shares of LON AVST traded up GBX 0.20 ($0.00) during trading hours on Thursday, reaching GBX 296.05 ($3.87). The stock had a trading volume of 744,071 shares.

The business also recently disclosed a dividend, which will be paid on Monday, June 17th. Shareholders of record on Thursday, May 23rd will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a yield of 2.17%.

Avast Company Profile

Avast Plc and its subsidiaries provide digital security products under the Avast and AVG brands worldwide. It operates through two segments, Consumer and Small and Medium Business (SMB). The company offers products and solutions for protection, performance, privacy, and additional tools for desktop security, server protection, and mobile device protection; and big data and marketing analytics, as well as provides security solutions designed for small businesses.

Read More: Understanding each part of a balance sheet

Analyst Recommendations for Avast (LON:AVST)

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