Avon Rubber plc’s (AVON) “Buy” Rating Reiterated at Peel Hunt
Peel Hunt reissued their buy rating on shares of Avon Rubber plc (LON:AVON) in a research report report published on Monday morning. The firm currently has a GBX 1,200 ($15.78) price objective on the stock.
Separately, N+1 Singer reiterated a buy rating and issued a GBX 1,170 ($15.38) price objective on shares of Avon Rubber plc in a research report on Friday, September 15th.
Shares of Avon Rubber plc (LON:AVON) opened at 944.00 on Monday. Avon Rubber plc has a 12 month low of GBX 885.00 and a 12 month high of GBX 1,141.75. The stock has a 50 day moving average of GBX 945.46 and a 200-day moving average of GBX 1,005.77. The firm’s market capitalization is GBX 287.06 million.
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In other news, insider Chloe Ponsonby bought 1,000 shares of Avon Rubber plc stock in a transaction on Wednesday, August 9th. The shares were bought at an average cost of GBX 1,019 ($13.40) per share, for a total transaction of £10,190 ($13,397.32). Also, insider Paul McDonald bought 6,170 shares of Avon Rubber plc stock in a transaction on Thursday, August 31st. The stock was purchased at an average price of GBX 948 ($12.46) per share, for a total transaction of £58,491.60 ($76,901.92). Insiders purchased a total of 8,221 shares of company stock worth $7,906,302 over the last quarter.
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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