Avista Corp (NYSE:AVA) target price raised to $44.00, reported today by Zacks Investment Research
- Updated: October 4, 2016
Boasting a price of $40.05, Avista Corp (NYSE:AVA) traded -3.43% lower on the day. With the last stock price close down -4.60% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Avista Corp has recorded a 50-day average of $41.64 and a two hundred day average of $41.64. Volume of trade was down over the average, with 282,415 shares of AVA changing hands under the typical 295,671
Avista Corp (NYSE:AVA) had its target bumped up to $44.00 by Zacks Investment Research in an issued report issued 10/4/2016. The upped price target suggests a potential upside of 0.10% based on the company's most recent stock price close.
On 09/22/2016, Williams Capital released a statement for Avista Corp (NYSE:AVA) bumped up the target price from $38.00 to $40.00 that suggested a downside of -0.07%.
With a total market value of $0, Avista Corp has price-earnings ratio of 18.29 with a one year low of $32.61 and a one year high of $45.22 .
A total of 5 equity analysts have released a ratings update on AVA. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, five equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $38.60.
Brief Synopsis About Avista Corp (NYSE:AVA)
Avista Corporation is an electric and natural gas utility with certain other business ventures. The Company operates through two business segments: Avista Utilities, and Alaska Electric Light and Power Company (AEL&P). Avista Utilities segment generates, transmits and distributes electricity, and distributes natural gas serving electric and natural gas customers in eastern Washington and northern Idaho and natural gas customers in parts of Oregon. AEL&P is a utility providing electric services in Juneau, Alaska. It operates other businesses, including sheet metal fabrication, venture fund investments and real estate investments, as well as certain other investments of Avista Capital, Inc., a subsidiary of the Company. Through Advanced Manufacturing and Development (AM&D), doing business as METALfx, the Company performs custom sheet metal fabrication of electronic enclosures, parts and systems for the computer, construction, telecommunication, renewable energy and medical industries.
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