Shares of Avianca Holdings SA (NYSE:AVH) have received a consensus rating of “Hold” from the eight brokerages that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $11.00.
AVH has been the topic of a number of recent research reports. Zacks Investment Research lowered Avianca from a “buy” rating to a “strong sell” rating in a research report on Monday, November 6th. ValuEngine raised Avianca from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 7th. TheStreet raised Avianca from a “d+” rating to a “c” rating in a research report on Tuesday, December 5th. Deutsche Bank raised Avianca from a “hold” rating to a “buy” rating and increased their target price for the company from $8.00 to $11.00 in a report on Thursday, November 16th. Finally, Avian Securities raised Avianca to a “buy” rating and increased their target price for the company from $8.00 to $11.00 in a report on Thursday, November 16th.
A number of large investors have recently made changes to their positions in AVH. JPMorgan Chase & Co. lifted its position in Avianca by 23.7% in the second quarter. JPMorgan Chase & Co. now owns 88,810 shares of the transportation company’s stock valued at $577,000 after purchasing an additional 17,008 shares during the period. OxFORD Asset Management LLP lifted its position in Avianca by 21.9% in the second quarter. OxFORD Asset Management LLP now owns 93,295 shares of the transportation company’s stock valued at $606,000 after purchasing an additional 16,772 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its position in Avianca by 10.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 310,382 shares of the transportation company’s stock valued at $2,017,000 after purchasing an additional 30,039 shares during the period. Hedge funds and other institutional investors own 4.20% of the company’s stock.
Avianca (NYSE:AVH) traded up $0.15 on Tuesday, reaching $8.03. The company had a trading volume of 42,179 shares, compared to its average volume of 127,330. The company has a quick ratio of 0.60, a current ratio of 0.65 and a debt-to-equity ratio of 3.63. Avianca has a 12-month low of $6.37 and a 12-month high of $10.29. The firm has a market capitalization of $339.45, a PE ratio of 17.84 and a beta of 0.87.
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Avianca Holdings SA is a company engaged, through its subsidiaries, in the provision of air transportation services for passengers and commercial purposes. The Company was originally established as a strategic alliance between Aerovias del Continente Americano SA (AVIANCA) and Grupo TACA Holdings Limited (GTH), and it mainly operates in North, Central and South America, the Caribbean and Europe.
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