Avingtrans PLC (LON:AVG) Rating
Avingtrans PLC (LON:AVG) had its stock rating restated as “Corporate” by analysts at N+1 Singer. This was shown in a research report on Thursday morning.
Out of 3 analysts covering Avingtrans PLC (LON:AVG), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 215 is the highest target while GBX 112.10 is the lowest. The GBX 215 average target is 8.56% above today’s (GBX 198.05) stock price. Avingtrans PLC has been the topic of 17 analyst reports since November 4, 2015 according to StockzIntelligence Inc. N+1 Singer maintained the stock on September 29 with “Corporate” rating. FinnCap maintained the shares of AVG in a report on September 27 with “Buy” rating.
About 55,611 shares traded hands or 64.60% up from the average. Avingtrans plc (LON:AVG) has risen 48.46% since March 1, 2016 and is uptrending. It has outperformed by 37.21% the S&P500.
Analysts await AVG Technologies NV (NYSE:AVG) to report earnings on November, 2. They expect $0.35 EPS, up 2.94% or $0.01 from last year’s $0.34 per share. AVG’s profit will be $17.80M for 17.84 P/E if the $0.35 EPS becomes a reality. After $0.37 actual EPS reported by AVG Technologies NV for the previous quarter, Wall Street now forecasts -5.41% negative EPS growth.
Insitutional Activity: The institutional sentiment decreased to 1.02 in Q2 2016. Its down 0.61, from 1.63 in 2016Q1. The ratio dropped, as 19 funds sold all Avingtrans plc shares owned while 46 reduced positions. 15 funds bought stakes while 51 increased positions. They now own 38.34 million shares or 3.73% less from 39.83 million shares in 2016Q1.
Ta Associates L.P. holds 11.45% of its portfolio in Avingtrans plc for 6.63 million shares. Trigran Investments Inc. owns 1.57 million shares or 7.88% of their US portfolio. Moreover, Herald Investment Management Ltd has 2.38% invested in the company for 300,000 shares. The Switzerland-based Partners Group Holding Ag has invested 1.32% in the stock. Dalton Greiner Hartman Maher & Co, a New York-based fund reported 695,972 shares.
Avingtrans plc is the United Kingdom firm engaged in the provision of engineered components, systems and services to the aerospace, energy and medical industries around the world. The company has a market cap of 56.09 million GBP. The Firm operates its business through two divisions: Aerospace, and Energy and medical. It has a 21.45 P/E ratio. The Company’s Aerospace segment is engaged in manufacturing of rigid pipe assemblies and prismatic components for aero engines and precision polishing of aircraft components.
According to Zacks Investment Research, “AVG Technologies N.V. provides antivirus and Internet security products. The Company produces and develops software for, threat detection, threat prevention, and risk analysis. Its product portfolio includes Internet security, PC performance optimization, online backup, mobile security, identity protection, and family safety software. It also offers various security suites for core protection, including anti-virus, anti-spyware, anti-rootkit, social networking protection, and LinkScanner; chatting and downloading. AVG Technologies N.V. is headquartered in Amsterdam, the Netherlands.”
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