Insider Buying: Avon Rubber plc (AVON) Insider Acquires 967 Shares of Stock

Avon Rubber plc (LON:AVON) insider Petrus R. M. Vervaat bought 967 shares of the firm’s stock in a transaction dated Monday, January 8th. The stock was purchased at an average cost of GBX 1,200 ($16.27) per share, with a total value of £11,604 ($15,736.37).

Avon Rubber plc (LON AVON) opened at GBX 1,205 ($16.34) on Tuesday. Avon Rubber plc has a 52-week low of GBX 885 ($12.00) and a 52-week high of GBX 1,252.16 ($16.98). The firm has a market capitalization of $373.83 and a P/E ratio of 1,721.43.

The business also recently disclosed a dividend, which will be paid on Friday, March 16th. Investors of record on Thursday, February 15th will be given a dividend of GBX 8.21 ($0.11) per share. This represents a yield of 0.71%. The ex-dividend date of this dividend is Thursday, February 15th. This is a positive change from Avon Rubber’s previous dividend of $4.11.

A number of research analysts recently weighed in on the company. N+1 Singer reaffirmed a “buy” rating and set a GBX 1,170 ($15.87) price objective on shares of Avon Rubber in a research report on Wednesday, December 6th. Peel Hunt raised their price objective on Avon Rubber from GBX 1,200 ($16.27) to GBX 1,300 ($17.63) and gave the company a “buy” rating in a research report on Wednesday, November 15th. Finally, Jefferies Group assumed coverage on Avon Rubber in a research report on Wednesday, November 8th. They set a “buy” rating and a GBX 1,230 ($16.68) price objective for the company.

WARNING: “Insider Buying: Avon Rubber plc (AVON) Insider Acquires 967 Shares of Stock” was first published by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another site, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2018/01/09/insider-buying-avon-rubber-plc-avon-insider-acquires-967-shares-of-stock.html.

Avon Rubber 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.

Insider Buying and Selling by Quarter for Avon Rubber (LON:AVON)

Receive News & Ratings for Avon Rubber Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avon Rubber and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply