Avon Rubber plc (AVON) Sets New 52-Week High at $1,160.00
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.
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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