Avon Rubber plc (AVON) Price Target Raised to GBX 1,300 at Peel Hunt
Avon Rubber plc (LON:AVON) had its price objective boosted by Peel Hunt from GBX 1,200 ($15.78) to GBX 1,300 ($17.10) in a report published on Wednesday morning. The firm currently has a buy rating on the stock.
Several other equities research analysts also recently weighed in on the stock. N+1 Singer reaffirmed a buy rating and issued a GBX 1,170 ($15.39) price objective on shares of Avon Rubber plc in a report on Friday, September 15th. Jefferies Group LLC started coverage on shares of Avon Rubber plc in a report on Wednesday, November 8th. They issued a buy rating and a GBX 1,230 ($16.18) price objective for the company.
Avon Rubber plc (AVON) traded up GBX 4 ($0.05) during trading on Wednesday, hitting GBX 1,112 ($14.63). 22,678 shares of the stock traded hands, compared to its average volume of 48,491. Avon Rubber plc has a fifty-two week low of GBX 885 ($11.64) and a fifty-two week high of GBX 1,160 ($15.26).
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In other Avon Rubber plc news, insider Paul McDonald purchased 6,170 shares of the business’s stock in a transaction on Thursday, August 31st. The stock was bought at an average cost of GBX 948 ($12.47) per share, with a total value of £58,491.60 ($76,932.26). Insiders purchased 6,216 shares of company stock valued at $5,894,082 in the last ninety days.
About Avon Rubber plc
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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