Avast (AVST) Given Buy Rating at UBS Group

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UBS Group reaffirmed their buy rating on shares of Avast (LON:AVST) in a research note released on Friday morning, investing.thisismoney.co.uk reports.

Other analysts have also issued reports about the stock. Barclays reiterated an overweight rating on shares of Avast in a research report on Thursday, August 23rd. Credit Suisse Group lifted their target price on shares of Avast from GBX 284 ($3.71) to GBX 330 ($4.31) and gave the company an outperform rating in a research report on Monday, October 15th.

Shares of Avast stock traded down GBX 6.75 ($0.09) during trading on Friday, hitting GBX 289.10 ($3.78). 981,276 shares of the company’s stock traded hands.

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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