Peel Hunt reissued their buy rating on shares of Avon Rubber (LON:AVON) in a research report released on Wednesday. They currently have a GBX 1,450 ($20.03) price objective on the stock.
AVON has been the topic of a number of other reports. Jefferies Group initiated coverage on Avon Rubber in a research note on Wednesday, November 8th. They issued a buy rating and a GBX 1,230 ($16.99) price objective on the stock. N+1 Singer restated a buy rating and issued a GBX 1,170 ($16.16) price objective on shares of Avon Rubber in a research note on Wednesday, December 6th.
Shares of Avon Rubber (LON:AVON) opened at GBX 1,205 ($16.65) on Wednesday. Avon Rubber has a 52 week low of GBX 885 ($12.23) and a 52 week high of GBX 1,325 ($18.31). The stock has a market capitalization of $373.83 and a PE ratio of 1,721.43.
In related news, insider David Evans purchased 10,000 shares of the firm’s stock in a transaction dated Friday, February 23rd. The shares were purchased at an average cost of GBX 1,175 ($16.23) per share, for a total transaction of £117,500 ($162,337.66). Also, insider Petrus R. M. Vervaat purchased 967 shares of the firm’s stock in a transaction dated Monday, January 8th. The shares were bought at an average price of GBX 1,200 ($16.58) per share, for a total transaction of £11,604 ($16,032.05). Insiders purchased a total of 11,004 shares of company stock worth $12,954,553 over the last 90 days.
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Avon Rubber 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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