Peel Hunt Increases Avon Rubber (AVON) Price Target to GBX 1,450
Avon Rubber (LON:AVON) had its price target hoisted by Peel Hunt from GBX 1,300 ($18.26) to GBX 1,450 ($20.36) in a research report report published on Thursday. They currently have a buy rating on the stock.
Several other equities analysts have also weighed in on AVON. Jefferies Group assumed coverage on shares of Avon Rubber in a report on Wednesday, November 8th. They issued a buy rating and a GBX 1,230 ($17.27) target price on the stock. N+1 Singer reiterated a buy rating and issued a GBX 1,170 ($16.43) target price on shares of Avon Rubber in a report on Wednesday, December 6th.
Avon Rubber (LON:AVON) opened at GBX 1,250 ($17.55) on Thursday. The firm has a market cap of $387.79 and a PE ratio of 1,785.71. Avon Rubber has a fifty-two week low of GBX 885 ($12.43) and a fifty-two week high of GBX 1,325 ($18.61).
In related news, insider Petrus R. M. Vervaat acquired 967 shares of the firm’s stock in a transaction dated Monday, January 8th. The shares were purchased at an average cost of GBX 1,200 ($16.85) per share, for a total transaction of £11,604 ($16,295.46). Also, insider Nick Keveth acquired 428 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was bought at an average price of GBX 1,157 ($16.25) per share, for a total transaction of £4,951.96 ($6,954.02). Insiders acquired a total of 1,434 shares of company stock worth $1,699,770 over the last quarter.
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About Avon Rubber
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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