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Williams Capital announced Avista (NYSE:AVA), bumping its target to $40.00 today

Avista (NYSE:AVA) had its target price raised to $40.00 by Williams Capital in a report released Thursday September 22, 2016. The new target price indicates a possible downside of -0.07% from the company's most recent stock price close.

On 5/05/2016, Williams Capital released a statement for Avista (NYSE:AVA) bumped up the target price from $35.00 to $37.00 that suggested a downside of -0.11%.

Boasting a price of $43.03, Avista (NYSE:AVA) traded 0.24% higher on the day. With the last stock price close up 4.10% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Avista has recorded a 50-day average of $41.66 and a two hundred day average of $41.44. Volume of trade was down over the average, with 86,091 shares of AVA changing hands under the typical 307,353

Performance Chart

Avista (NYSE:AVA)

With a total market value of $0, Avista has P/E ratio of 19.86 with a 52 week low of $31.55 and a 52 week high of $45.22 .

In addition to Williams Capital reporting its stock price target, a total of 5 brokers have issued a research note on the company. The average stock price target is $38.60 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 5 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally zero brokerages rating the company a sell.

General Company Details For Avista (NYSE:AVA)

Avista Corporation is primarily 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 provides electric distribution and transmission, as well as natural gas distribution, services in parts of eastern Washington and northern Idaho. It also provides natural gas distribution service in parts of northeastern and southwestern Oregon. AEL&P owns and operates electric generation, transmission and distribution facilities located in Juneau. The Company operates other businesses, including sheet metal fabrication, venture fund investments and real estate investments.

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