Avingtrans plc’s (AVG) Buy Rating Reiterated at FinnCap
Avingtrans plc (LON:AVG)‘s stock had its “buy” rating reissued by equities research analysts at FinnCap in a research note issued on Monday. They presently have a GBX 215 ($2.81) target price on the stock. FinnCap’s price objective suggests a potential upside of 11.98% from the company’s previous close.
Several other analysts have also weighed in on AVG. N+1 Singer reiterated a “corporate” rating on shares of Avingtrans plc in a research note on Tuesday, September 27th. Numis Securities Ltd reiterated an “add” rating and issued a GBX 215 ($2.81) price objective on shares of Avingtrans plc in a research note on Tuesday, September 27th.
Avingtrans plc (LON:AVG) opened at 192.00 on Monday. Avingtrans plc has a 12 month low of GBX 102.00 and a 12 month high of GBX 201.45. The company’s market capitalization is GBX 53.23 million. The stock has a 50 day moving average of GBX 193.19 and a 200 day moving average of GBX 178.31.
The firm also recently declared a dividend, which will be paid on Friday, December 9th. Investors of record on Thursday, October 27th will be given a GBX 2.10 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, October 27th. This represents a yield of 1.12%. This is an increase from Avingtrans plc’s previous dividend of $1.10.
Avingtrans plc Company Profile
Avingtrans plc is the United Kingdom-based company engaged in the provision of engineered components, systems and services to the aerospace, energy and medical industries around the world. The Company operates its business through two segments: Aerospace, and Energy and medical. The Company’s Aerospace segment is engaged in manufacturing of rigid pipe assemblies and prismatic components for aero engines and precision polishing of aircraft components.
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