Peel Hunt Boosts Avon Rubber plc (AVON) Price Target to GBX 1,300

Avon Rubber plc (LON:AVON) had its target price boosted by Peel Hunt from GBX 1,200 ($15.78) to GBX 1,300 ($17.10) in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. Peel Hunt’s target price suggests a potential upside of 16.71% from the company’s previous close.

Several other equities analysts have also issued reports on the stock. N+1 Singer reaffirmed a “buy” rating and issued a GBX 1,170 ($15.39) price target 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 target on the stock.

Avon Rubber plc (LON:AVON) opened at GBX 1,113.90 ($14.65) on Wednesday. Avon Rubber plc has a 12 month low of GBX 885 ($11.64) and a 12 month high of GBX 1,159 ($15.24).

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In other news, insider Paul McDonald purchased 6,170 shares of the business’s stock in a transaction on Thursday, August 31st. The shares were acquired at an average cost of GBX 948 ($12.47) per share, with a total value of £58,491.60 ($76,932.26). Insiders acquired 6,216 shares of company stock worth $5,894,082 over the last ninety days.

Avon Rubber plc 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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