Avon Rubber plc Price Target Raised to GBX 765 at WH Ireland (AVON)
WH Ireland upped their price objective on shares of Avon Rubber plc (LON:AVON) from GBX 650 ($10.68) to GBX 765 ($12.57) in a research note issued on Thursday, Stock Ratings News reports. The firm currently has a “buy” rating on the stock. WH Ireland’s price target points to a potential upside of 17.69% from the stock’s previous close.
Avon Rubber plc (LON:AVON) traded down 2.03% on Thursday, hitting GBX 650.00. 282,274 shares of the company’s stock traded hands. Avon Rubber plc has a 1-year low of GBX 360.00 and a 1-year high of GBX 665.00. The stock has a 50-day moving average of GBX 617.5 and a 200-day moving average of GBX 548.6. The company’s market cap is £191.6 million.
Several other analysts have also recently commented on the stock. Analysts at N+1 Singer reiterated a “buy” rating on shares of Avon Rubber plc in a research note to investors on Thursday. They now have a GBX 682 ($11.21) price target on the stock. Separately, analysts at Canaccord Genuity initiated coverage on shares of Avon Rubber plc in a research note to investors on Monday. They set a “hold” rating and a GBX 720 ($11.83) price target on the stock. Finally, analysts at Investec upgraded shares of Avon Rubber plc to an “add” rating in a research note to investors on Monday, January 13th. They now have a GBX 660 ($10.85) price target on the stock, up previously from GBX 560 ($9.20). Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of GBX 664.83 ($10.93).
Avon Rubber p.l.c is engaged in the design, and manufacture of respiratory protection products for defense, first responder and industrial users.
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