Peel Hunt Reiterates Buy Rating for Avon Rubber plc (AVON)
Avon Rubber plc (LON:AVON)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a report issued on Friday. They presently have a GBX 1,200 ($15.50) price objective on the stock. Peel Hunt’s target price would indicate a potential upside of 28.27% from the company’s current price.
Avon Rubber plc (LON:AVON) opened at 935.50 on Friday. Avon Rubber plc has a 12 month low of GBX 885.00 and a 12 month high of GBX 1,141.75. The company 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 Paul McDonald acquired 6,170 shares of the business’s stock in a transaction on Thursday, August 31st. The shares were acquired at an average price of GBX 948 ($12.24) per share, for a total transaction of £58,491.60 ($75,541.26). Also, insider Chloe Ponsonby acquired 1,000 shares of the business’s stock in a transaction on Wednesday, August 9th. The stock was acquired at an average price of GBX 1,019 ($13.16) per share, for a total transaction of £10,190 ($13,160.27). In the last 90 days, insiders acquired 8,205 shares of company stock worth $7,891,342.
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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