Peel Hunt restated their buy rating on shares of Avon Rubber plc (LON:AVON) in a research report report published on Friday morning. Peel Hunt currently has a GBX 1,200 ($15.50) price objective on the stock.

Avon Rubber plc (LON:AVON) traded down 1.47% on Friday, reaching GBX 935.50. 32,899 shares of the company’s stock were exchanged. Avon Rubber plc has a 12-month low of GBX 885.00 and a 12-month high of GBX 1,141.75. The firm has a 50 day moving average of GBX 975.36 and a 200-day moving average of GBX 1,007.38. The company’s market cap is GBX 284.48 million.

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In other Avon Rubber plc news, insider Chloe Ponsonby purchased 1,000 shares of the stock in a transaction dated Wednesday, August 9th. The shares were acquired at an average cost of GBX 1,019 ($13.16) per share, for a total transaction of £10,190 ($13,160.27). Also, insider Paul McDonald purchased 6,170 shares of the stock in a transaction dated Thursday, August 31st. The stock was acquired at an average price of GBX 948 ($12.24) per share, for a total transaction of £58,491.60 ($75,541.26). Insiders bought 8,205 shares of company stock worth $7,891,342 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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