Avon Rubber plc (AVON) Stock Rating Reaffirmed by N+1 Singer
Avon Rubber plc (LON:AVON)‘s stock had its “buy” rating reissued by research analysts at N+1 Singer in a research report issued to clients and investors on Friday. They currently have a GBX 1,170 ($15.11) price target on the stock. N+1 Singer’s price target would suggest a potential upside of 23.22% from the stock’s current price.
Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 1,200 ($15.50) price objective on shares of Avon Rubber plc in a research report on Friday.
Shares of Avon Rubber plc (LON:AVON) traded down 1.47% on Friday, hitting GBX 935.50. 32,899 shares of the stock traded hands. The firm has a 50 day moving average price of GBX 976.46 and a 200 day moving average price of GBX 1,007.88. Avon Rubber plc has a 52-week low of GBX 885.00 and a 52-week high of GBX 1,141.75. The firm’s market cap is GBX 284.48 million.
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In other news, insider Nick Keveth bought 1,004 shares of the stock in a transaction on Monday, August 14th. The stock was acquired at an average cost of GBX 989 ($12.77) per share, for a total transaction of £9,929.56 ($12,823.92). Also, insider Chloe Ponsonby bought 1,000 shares of the stock in a transaction on Wednesday, August 9th. The stock was purchased at an average price of GBX 1,019 ($13.16) per share, with a total value of £10,190 ($13,160.27). Insiders acquired a total of 8,205 shares of company stock valued at $7,891,342 over the last quarter.
Avon Rubber plc Company Profile
Avon Rubber p.l.c. is engaged in the design, test and manufacturing specialist products from various sites. The Company operates in two segments: Protection & Defence, and Dairy. It operates out of Europe and the United States. Its Protection & Defence segment consists of a range of respiratory products.
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