Avon Rubber plc’s (AVON) Buy Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Avon Rubber plc (LON:AVON) in a report published on Friday morning. The brokerage currently has a GBX 1,200 ($16.18) target price on the stock.

Shares of Avon Rubber plc (LON:AVON) opened at 950.00 on Friday. The stock has a 50 day moving average of GBX 973.82 and a 200-day moving average of GBX 1,007.63. Avon Rubber plc has a one year low of GBX 885.00 and a one year high of GBX 1,141.75. The stock’s market capitalization is GBX 288.89 million.

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In other Avon Rubber plc news, insider Nick Keveth purchased 1,004 shares of the stock in a transaction that occurred on Monday, August 14th. The shares were bought at an average cost of GBX 989 ($13.33) per share, with a total value of £9,929.56 ($13,387.57). Also, insider Paul McDonald purchased 6,170 shares of the stock in a transaction that occurred on Thursday, August 31st. The stock was acquired at an average cost of GBX 948 ($12.78) per share, for a total transaction of £58,491.60 ($78,861.53). Over the last ninety days, insiders have bought 8,205 shares of company stock worth $7,891,342.

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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