Avon Rubber plc (AVON) Given “Buy” Rating at Peel Hunt
Avon Rubber plc (LON:AVON)‘s stock had its “buy” rating reissued by Peel Hunt in a report issued on Friday. They presently have a GBX 1,200 ($15.50) price target on the stock. Peel Hunt’s price target suggests a potential upside of 28.27% from the company’s previous close.
Avon Rubber plc (LON AVON) traded down 1.47% during mid-day trading on Friday, hitting GBX 935.50. The stock had a trading volume of 32,899 shares. The stock’s 50-day moving average is GBX 975.36 and its 200 day moving average is GBX 1,007.38. The company’s market capitalization is GBX 284.48 million. Avon Rubber plc has a 52 week low of GBX 885.00 and a 52 week high of GBX 1,141.75.
In other Avon Rubber plc news, insider Nick Keveth purchased 1,004 shares of the stock in a transaction on Monday, August 14th. The shares were purchased at an average price of GBX 989 ($12.77) per share, with a total value of £9,929.56 ($12,823.92). Also, insider Paul McDonald purchased 6,170 shares of the stock in a transaction on Thursday, August 31st. The shares were acquired at an average cost of GBX 948 ($12.24) per share, for a total transaction of £58,491.60 ($75,541.26). In the last ninety days, insiders purchased 8,205 shares of company stock worth $7,891,342.
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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