N+1 Singer Reiterates Buy Rating for Avon Rubber plc (AVON)
Avon Rubber plc (LON:AVON)‘s stock had its “buy” rating reiterated by equities researchers at N+1 Singer in a research report issued to clients and investors on Friday. They presently have a GBX 1,170 ($15.11) price objective on the stock. N+1 Singer’s price target points to a potential upside of 25.07% from the stock’s current price.
Separately, Peel Hunt restated a “buy” rating and issued a GBX 1,200 ($15.50) price target on shares of Avon Rubber plc in a report on Friday.
Shares of Avon Rubber plc (LON AVON) opened at 935.50 on Friday. Avon Rubber plc has a 52 week low of GBX 885.00 and a 52 week high of GBX 1,141.75. The company’s market cap is GBX 284.48 million. The stock’s 50 day moving average is GBX 975.36 and its 200-day moving average is GBX 1,007.38.
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In related news, insider Nick Keveth purchased 1,004 shares of the business’s stock in a transaction dated Monday, August 14th. The shares were purchased at an average cost of GBX 989 ($12.77) per share, for a total transaction of £9,929.56 ($12,823.92). Also, insider Paul McDonald purchased 6,170 shares of the business’s stock in a transaction dated Thursday, August 31st. The stock was bought at an average price of GBX 948 ($12.24) per share, for a total transaction of £58,491.60 ($75,541.26). Over the last 90 days, insiders bought 8,205 shares of company stock worth $7,891,342.
Avon Rubber plc 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.
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