Avon Rubber plc Rating Reiterated by N+1 Singer (AVON)
Avon Rubber plc (LON:AVON)‘s stock had its “buy” rating reiterated by analysts at N+1 Singer in a research report issued to clients and investors on Thursday, ARN reports. They currently have a GBX 682 ($11.21) target price on the stock. N+1 Singer’s price target indicates a potential upside of 4.92% from the company’s current price.
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 52 week low of GBX 360.00 and a 52 week 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.
AVON has been the subject of a number of other recent research reports. 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. Separately, 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). Finally, analysts at Nplus1 Brewin initiated coverage on shares of Avon Rubber plc in a research note to investors on Tuesday, December 10th. They set a “buy” rating and a GBX 682 ($11.21) price target on the stock. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Avon Rubber plc presently 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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