Avon Rubber plc (AVON) Price Target Raised to GBX 1,150 at Peel Hunt
Avon Rubber plc (LON:AVON) had its price target increased by equities researchers at Peel Hunt from GBX 1,025 ($12.49) to GBX 1,150 ($14.02) in a research report issued on Tuesday. The firm currently has a “buy” rating on the stock. Peel Hunt’s price objective points to a potential upside of 15.00% from the company’s previous close.
Several other analysts also recently weighed in on AVON. Panmure Gordon lifted their target price on shares of Avon Rubber plc from GBX 985 ($12.00) to GBX 1,020 ($12.43) and gave the company a “buy” rating in a report on Friday, September 9th. N+1 Singer reaffirmed a “buy” rating on shares of Avon Rubber plc in a report on Friday, September 9th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 1,064 ($12.97).
Shares of Avon Rubber plc (LON:AVON) opened at 1000.00 on Tuesday. The stock has a 50 day moving average of GBX 956.76 and a 200 day moving average of GBX 877.72. Avon Rubber plc has a 1-year low of GBX 705.50 and a 1-year high of GBX 1,180.00. The stock’s market cap is GBX 302.47 million.
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In other Avon Rubber plc news, insider Vervaat,Petrus R. M bought 1,000 shares of the business’s stock in a transaction on Monday, September 19th. The stock was bought at an average price of GBX 990 ($12.07) per share, for a total transaction of £9,900 ($12,065.81). Also, insider Rennie ,Rob bought 708 shares of the business’s stock in a transaction on Monday, September 5th. The shares were acquired at an average price of GBX 842 ($10.26) per share, with a total value of £5,961.36 ($7,265.52).
About Avon Rubber plc
Avon Rubber p.l.c. is engaged in the design, test and manufacturing specialist products. The Company operates in two segments: Protection & Defence, and Dairy. Its Protection & Defence segment consists of a range of respiratory products. It products include respirators or gas masks together with a range of spares and accessories; the National Institute for Occupational Safety and Health-approved emergency hood; rebreathers for escape and underwater use, and self-contained breathing apparatus.
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