Avon Rubber’s (AVON) “Buy” Rating Reaffirmed at Peel Hunt
Peel Hunt reiterated their buy rating on shares of Avon Rubber (LON:AVON) in a research report sent to investors on Monday morning, ThisIsMoney.Co.Uk reports.
Separately, Berenberg Bank upped their target price on Avon Rubber from GBX 1,625 ($21.23) to GBX 1,800 ($23.52) and gave the company a buy rating in a research note on Friday, August 16th.
AVON opened at GBX 1,682 ($21.98) on Monday. The stock has a market cap of $521.81 million and a price-to-earnings ratio of 36.72. The stock’s 50 day moving average price is GBX 1,589.62 and its 200-day moving average price is GBX 1,403.36. Avon Rubber has a one year low of GBX 1,075 ($14.05) and a one year high of GBX 1,854 ($24.23). The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.79 and a current ratio of 2.49.
Avon Rubber p.l.c. designs, manufactures, and sells chemical, biological, radiological, and nuclear respiratory protection systems for military, law enforcement, and fire markets worldwide. It operates in two segments, Avon Protection and milkrite | InterPuls. The company offers masks and filters with portfolio of respirators, filters, powered, and supplied air and long term pedigree for military contracting and supplying chain; escape hoods; underwater rebreathers; and thermal image camera technology and self-contained breathing apparatus, as well as accessories.
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