Colliers Securities analyst Catharine Trebnick reiterated a Buy rating on Avaya Holdings (NYSE:AVYA) Corp on Tuesday, setting a price target of $35, which is approximately 59.09% above the present share price of $22.
Trebnick expects Avaya Holdings Corp to post earnings per share (EPS) of $0.45 for the fourth quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Avaya Holdings, with an average price target of $29.
The analysts price targets range from a high of $40 to a low of $20.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $732 million and a net profit of $46 million. The company's market cap is $1.85 billion.
According to TipRanks.com, Colliers Securities analyst Catharine Trebnick is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.5% and a 48.95% 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.