Avista Co. (AVA) Given New $28.00 Price Target by Williams Capital Analysts.
Friday, July 08, 2021 12:10 PM

Equities research analysts at Williams Capital boosted their price target on shares of Avista Co. (NYSE: AVA) to $28.00 in a research note to investors on Friday.

Separately, analysts at Zacks Investment Research reiterated a "neutral" rating on shares of Avista Co. in a research note to investors on Wednesday, April 6th.

Shares of Avista Co. traded down 1.02% during mid-day trading on Monday, hitting $26.11. Avista Co. has a 52 week low of $20.11 and a 52 week high of $26.49. The stock's 50-day moving average is $24.81 and its 200-day moving average is $23.59. The company has a market cap of $1.505 billion and a price-to-earnings ratio of 14.14.

Avista Co. last announced its quarterly results on Friday, May 6th. The company reported $0.73 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.64 EPS by $0.09. During the same quarter in the prior year, the company posted $0.52 earnings per share. The company’s quarterly revenue was up 4.40% on a year-over-year basis. On average, analysts predict that Avista Co. will post $0.18 EPS next quarter.

Avista Corporation (Avista Corp.) is an energy company engaged in the generation, transmission and distribution of energy, as well as other energy-related businesses. The Company operates in two segments: Avista Utilities and Advantage IQ. Avista Utilities is an operating division of Avista Corp. that consists of its regulated utility operations. Avista Utilities generates, transmits and distributes electricity and distributes natural gas. The utility also engages in wholesale purchases and sales of electricity and natural gas. Advantage IQ is an indirect subsidiary of Avista Corp. that provides utility expense management solutions to its customers that are generally multi-site companies across North America to assess and manage utility costs and usage. It has other businesses, including sheet metal fabrication, venture fund investments and real estate investments, as well as certain natural gas storage facilities held by Avista Energy, Inc. (Avista Energy).

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