Avon Rubber plc (AVON) Price Target Raised to GBX 1,200 at Panmure Gordon
Avon Rubber plc (LON:AVON) had its price objective upped by Panmure Gordon from GBX 1,150 ($14.37) to GBX 1,200 ($14.99) in a research report sent to investors on Thursday. The brokerage currently has a buy rating on the stock.
Several other research firms have also recently weighed in on AVON. Peel Hunt boosted their price target on Avon Rubber plc from GBX 1,150 ($14.37) to GBX 1,200 ($14.99) and gave the stock a buy rating in a report on Wednesday. N+1 Singer boosted their price target on Avon Rubber plc from GBX 975 ($12.18) to GBX 1,100 ($13.74) and gave the stock a buy rating in a report on Tuesday, October 18th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Avon Rubber plc has a consensus rating of Buy and an average price target of GBX 1,094 ($13.67).
Shares of Avon Rubber plc (LON:AVON) opened at 1059.50 on Thursday. The company’s market capitalization is GBX 320.47 million. The company’s 50-day moving average price is GBX 1,002.50 and its 200-day moving average price is GBX 911.44. Avon Rubber plc has a 1-year low of GBX 705.50 and a 1-year high of GBX 1,110.00.
The firm also recently declared a dividend, which will be paid on Friday, March 17th. Shareholders of record on Thursday, February 16th will be paid a GBX 6.32 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, February 16th. This is a positive change from Avon Rubber plc’s previous dividend of $3.16. This represents a yield of 0.61%.
In other news, insider Vervaat,Petrus R. M acquired 1,000 shares of the firm’s stock in a transaction dated Monday, September 19th. The stock was purchased at an average price of GBX 990 ($12.37) per share, for a total transaction of £9,900 ($12,368.82). Also, insider Rennie ,Rob acquired 708 shares of the firm’s stock in a transaction dated Monday, September 5th. The shares were purchased at an average price of GBX 842 ($10.52) per share, with a total value of £5,961.36 ($7,447.98).
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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