Barclays Increases Avast (AVST) Price Target to GBX 350

Avast (LON:AVST) had its price target hoisted by equities researchers at Barclays from GBX 300 ($3.92) to GBX 350 ($4.57) in a report released on Tuesday. The firm presently has an “overweight” rating on the stock. Barclays’ price target points to a potential upside of 26.35% from the stock’s current price.

A number of other analysts have also recently commented on the company. UBS Group reiterated a “buy” rating on shares of Avast in a research report on Tuesday, September 25th. Jefferies Financial Group reiterated a “buy” rating on shares of Avast in a research report on Friday, July 6th.

AVST opened at GBX 277 ($3.62) on Tuesday.

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.

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