Avingtrans plc Rating Lowered to Hold at FinnCap (AVG)
Avingtrans plc (LON:AVG) was downgraded by investment analysts at FinnCap to a “hold” rating in a note issued to investors on Wednesday. They currently have a GBX 155 ($2.61) price objective on the stock, down from their previous price objective of GBX 170 ($2.86). FinnCap’s price target would suggest a potential upside of 8.77% from the stock’s previous close.
Avingtrans plc (LON:AVG) traded down 1.75% during mid-day trading on Wednesday, hitting GBX 140.00. 6,817 shares of the company’s stock traded hands. Avingtrans plc has a 1-year low of GBX 119.00 and a 1-year high of GBX 188.00. The stock’s 50-day moving average is GBX 151.4 and its 200-day moving average is GBX 161..
Avingtrans plc is engaged in the provision of precision engineering components and services to the energy, medical, scientific and research communities, traffic management, automation, machinery and aerospace industries.
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