Avon Rubber plc (AVON) PT Raised to GBX 1,279

Avon Rubber plc (LON:AVON) had its target price hoisted by research analysts at Panmure Gordon from GBX 1,200 ($14.82) to GBX 1,279 ($15.80) in a research note issued on Friday. The brokerage presently has a “buy” rating on the stock. Panmure Gordon’s target price would suggest a potential upside of 33.93% from the company’s current price.

Several other equities analysts also recently commented on the company. N+1 Singer reiterated a “buy” rating and issued a GBX 1,170 ($14.45) target price on shares of Avon Rubber plc in a research report on Wednesday, February 15th. Peel Hunt reiterated a “buy” rating and issued a GBX 1,200 ($14.82) target price on shares of Avon Rubber plc in a research report on Wednesday, February 15th.

Shares of Avon Rubber plc (LON:AVON) opened at 957.4199 on Friday. Avon Rubber plc has a 12 month low of GBX 718.00 and a 12 month high of GBX 1,125.00. The firm’s market capitalization is GBX 290.14 million. The company has a 50-day moving average price of GBX 989.42 and a 200-day moving average price of GBX 1,002.31.

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In other news, insider Paul A. Rayner bought 1,700 shares of the company’s stock in a transaction on Wednesday, February 15th. The stock was purchased at an average cost of GBX 994 ($12.28) per share, for a total transaction of £16,898 ($20,869.46).

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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