Avon Protection’s (AVON) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Avon Protection (LON:AVON) in a research report sent to investors on Tuesday morning, MarketBeat reports. They currently have a GBX 1,295 ($16.46) price target on the stock.

Separately, Shore Capital reissued a buy rating on shares of Avon Protection in a research report on Tuesday.

Avon Protection Stock Performance

AVON stock opened at GBX 1,326.39 ($16.86) on Tuesday. The company has a quick ratio of 0.85, a current ratio of 3.15 and a debt-to-equity ratio of 61.86. The company has a market capitalization of £397.92 million, a price-to-earnings ratio of -3,027.27, a P/E/G ratio of 1.85 and a beta of 0.33. Avon Protection has a 12 month low of GBX 582 ($7.40) and a 12 month high of GBX 1,408 ($17.90). The firm has a 50 day moving average of GBX 1,169.70 and a two-hundred day moving average of GBX 985.60.

Avon Protection Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 6th. Investors of record on Thursday, August 8th will be issued a dividend of $0.07 per share. This represents a dividend yield of 0.43%. The ex-dividend date of this dividend is Thursday, August 8th. Avon Protection’s dividend payout ratio is currently -5,227.27%.

Avon Protection Company Profile

Avon Protection plc provides respiratory, chemical, biological, radiological, and nuclear and head protection solutions for military and first responder agencies in the United Kingdom, Europe, and the United States. The company offers respiratory products, including respirators, filters, powered and supplied air, escape hoods, underwater systems, and thermal image camera, and CBRN protective wear, as well as spares and accessories.