JPMorgan Chase & Co. lowered shares of Avianca (NYSE:AVH) from an overweight rating to a neutral rating in a research report sent to investors on Friday, MarketBeat.com reports. JPMorgan Chase & Co. currently has $6.50 price objective on the transportation company’s stock, down from their previous price objective of $8.00.
AVH has been the topic of a number of other research reports. Bank of America lowered Avianca from a neutral rating to an underperform rating in a research report on Monday, October 29th. Zacks Investment Research lowered Avianca from a hold rating to a strong sell rating in a research report on Wednesday, October 31st. Finally, ValuEngine lowered Avianca from a hold rating to a sell rating in a research report on Friday, August 3rd. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $8.42.
Shares of Avianca stock opened at $5.00 on Friday. Avianca has a 52-week low of $4.82 and a 52-week high of $9.76. The company has a market capitalization of $413.00 million, a P/E ratio of 12.50, a PEG ratio of 0.72 and a beta of 0.68. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 6.44.
Avianca Holdings SA, through its subsidiaries, provides passenger and cargo air transportation services in North America, Central America, the Caribbean, Colombia, Europe, South America, and internationally. It also offers aircraft maintenance, crew training, and other airport services to other carriers, as well as travel and cargo related services to its customers.
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