Panmure Gordon Raises Avon Rubber plc (AVON) Price Target to GBX 1,100
Avon Rubber plc (LON:AVON) had its price target boosted by Panmure Gordon from GBX 1,020 ($13.31) to GBX 1,100 ($14.36) in a research note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock. Panmure Gordon’s price objective would indicate a potential upside of 7.84% from the stock’s previous close.
Several other equities analysts have also recently issued reports on AVON. Peel Hunt reiterated a “buy” rating and issued a GBX 1,025 ($13.38) price objective on shares of Avon Rubber plc in a research note on Friday, September 9th. N+1 Singer reiterated a “buy” rating on shares of Avon Rubber plc in a research note on Friday, September 9th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of GBX 1,039 ($13.56).
Shares of Avon Rubber plc (LON:AVON) opened at 1011.50 on Friday. Avon Rubber plc has a 52-week low of GBX 705.50 and a 52-week high of GBX 1,180.00. The firm has a 50-day moving average price of GBX 910.39 and a 200 day moving average price of GBX 858.54. The stock’s market cap is GBX 305.95 million.
In other news, insider Rennie ,Rob purchased 708 shares of the business’s stock in a transaction on Monday, September 5th. The shares were bought at an average price of GBX 842 ($10.99) per share, with a total value of £5,961.36 ($7,781.44). Also, insider Vervaat,Petrus R. M purchased 1,000 shares of the business’s stock in a transaction on Monday, September 19th. The shares were purchased at an average cost of GBX 990 ($12.92) per share, for a total transaction of £9,900 ($12,922.59).
Avon Rubber plc Company Profile
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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