Analysts Set Avon Rubber plc (AVON) Target Price at $1,064.00
Avon Rubber plc (LON:AVON) has been given an average recommendation of “Buy” by the five analysts that are covering the firm. One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 1,094 ($13.67).
Several equities analysts recently commented on the stock. Panmure Gordon boosted their price objective on shares of Avon Rubber plc from GBX 1,150 ($14.37) to GBX 1,200 ($14.99) and gave the company a “buy” rating in a research note on Thursday. N+1 Singer reiterated a “buy” rating on shares of Avon Rubber plc in a research report on Friday, September 9th. Finally, Peel Hunt lifted their target price on shares of Avon Rubber plc from GBX 1,150 ($14.37) to GBX 1,200 ($14.99) and gave the company a “buy” rating in a research report on Wednesday.
Avon Rubber plc (LON:AVON) opened at 1060.00 on Tuesday. Avon Rubber plc has a 12 month low of GBX 705.50 and a 12 month high of GBX 1,110.00. The firm’s market capitalization is GBX 320.62 million. The firm has a 50-day moving average of GBX 1,002.50 and a 200 day moving average of GBX 911.44.
The firm also recently disclosed a dividend, which will be paid on Friday, March 17th. Stockholders of record on Thursday, February 16th will be issued a GBX 6.32 ($0.08) dividend. This represents a dividend yield of 0.61%. This is a positive change from Avon Rubber plc’s previous dividend of $3.16. The ex-dividend date is Thursday, February 16th.
In related news, insider Rennie ,Rob acquired 708 shares of Avon Rubber plc stock in a transaction on Monday, September 5th. The shares were acquired at an average cost of GBX 842 ($10.52) per share, with a total value of £5,961.36 ($7,447.98). Also, insider Vervaat,Petrus R. M acquired 1,000 shares of Avon Rubber plc stock in a transaction on Monday, September 19th. The shares were bought at an average cost of GBX 990 ($12.37) per share, for a total transaction of £9,900 ($12,368.82).
About Avon Rubber plc
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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