Jefferies Financial Group Reaffirms Buy Rating for Avon Protection (LON:AVON)

Avon Protection (LON:AVON)‘s stock had its “buy” rating reissued by equities research analysts at Jefferies Financial Group in a research report issued on Wednesday, Digital Look reports. They currently have a GBX 2,780 price objective on the stock. Jefferies Financial Group‘s price target would indicate a potential upside of 16.81% from the stock’s current price.

Several other brokerages have also recently weighed in on AVON. Peel Hunt reiterated a “buy” rating and issued a GBX 2,250 target price on shares of Avon Protection in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft increased their price target on Avon Protection from GBX 2,000 to GBX 2,480 and gave the stock a “hold” rating in a research report on Thursday, October 15th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,503.33.

Avon Protection Stock Up 2.6%

Shares of LON AVON opened at GBX 2,380 on Wednesday. Avon Protection has a 52-week low of GBX 1,458 and a 52-week high of GBX 2,620. The firm has a market capitalization of £700.96 million, a price-to-earnings ratio of 40.00, a PEG ratio of 1.85 and a beta of 0.25. The stock has a 50 day moving average price of GBX 2,102.23 and a 200 day moving average price of GBX 1,841.10. The company has a debt-to-equity ratio of 48.31, a quick ratio of 0.85 and a current ratio of 3.28.

Avon Protection Company Profile

We are a world leader in protective equipment, with a reputation for innovative design, high-performance quality and specialist materials expertise. Our two businesses, Avon Protection and Team Wendy, supply our respiratory and head protection portfolio to customers across the globe from our manufacturing sites in the UK and North America. With over 900 talented people our shared purpose and core beliefs are to be #FIERCE about Protecting Lives. It’s why we come to work – and it’s what motivates us, every day, to do the best work we can.