Barclays (LON:BARC) analyst Raimo Lenschow maintained a Buy rating on Avaya Holdings (NYSE:AVYA) Corp on Monday, setting a price target of $27, which is approximately 28.57% above the present share price of $21.
Lenschow expects Avaya Holdings Corp to post earnings per share (EPS) of $0.40 for the first quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Avaya Holdings, with an average price target of $23.6.
The analysts price targets range from a high of $27 to a low of $20.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $755 million and a net profit of $77 million. The company's market cap is $1.75 billion.
According to TipRanks.com, Barclays analyst Raimo Lenschow is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 26.3% and a 74.71% success rate.
Avaya Holdings Corp. is a global business communications company, which engages in the provision of business collaboration and communication solutions. It operates through the following segments: Products and Solutions and Services. The Products and Solutions segment includes unified communications and contact center platforms, applications and devices. The Services segment consists of three business areas which are Global Support Services, Enterprise Cloud and Managed Services and Professional Services. The company was founded in June 1, 2007 and is headquartered in Santa Clara, CA.