Avon Rubber plc (LON:AVON) hit a new 52-week high on Tuesday . The company traded as high as GBX 1,160 ($15.26) and last traded at GBX 1,158 ($15.23), with a volume of 9840 shares changing hands. The stock had previously closed at GBX 1,158 ($15.23).

A number of equities research analysts have recently weighed in on the stock. Peel Hunt boosted their price objective on shares of Avon Rubber plc from GBX 1,200 ($15.78) to GBX 1,300 ($17.10) and gave the company a “buy” rating in a report on Wednesday, November 15th. Jefferies Group LLC assumed coverage on shares of Avon Rubber plc in a report on Wednesday, November 8th. They set a “buy” rating and a GBX 1,230 ($16.18) price objective on the stock. Finally, N+1 Singer reissued a “buy” rating and set a GBX 1,170 ($15.39) price objective on shares of Avon Rubber plc in a report on Friday, September 15th.

In other Avon Rubber plc news, insider Paul McDonald bought 6,170 shares of the firm’s stock in a transaction that occurred on Thursday, August 31st. The stock was bought at an average cost of GBX 948 ($12.47) per share, for a total transaction of £58,491.60 ($76,932.26). Insiders have purchased 6,216 shares of company stock valued at $5,894,082 over the last 90 days.

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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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