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

Peel Hunt restated their buy rating on shares of Avon Rubber plc (LON:AVON) in a research note published on Monday morning. The firm currently has a GBX 1,200 ($15.78) target price on the stock.

Separately, N+1 Singer reaffirmed a buy rating and issued a GBX 1,170 ($15.38) target price on shares of Avon Rubber plc in a report on Friday, September 15th.

Avon Rubber plc (AVON) opened at 945.00 on Monday. Avon Rubber plc has a 12-month low of GBX 885.00 and a 12-month high of GBX 1,141.75. The stock has a 50 day moving average price of GBX 944.22 and a 200-day moving average price of GBX 1,005.34. The stock’s market capitalization is GBX 287.37 million.

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In related news, insider Chloe Ponsonby purchased 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 9th. The stock was bought at an average price of GBX 1,019 ($13.40) per share, for a total transaction of £10,190 ($13,397.32). Also, insider Nick Keveth purchased 1,004 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was bought at an average price of GBX 989 ($13.00) per share, with a total value of £9,929.56 ($13,054.90). Insiders bought 8,221 shares of company stock worth $7,906,302 over the last ninety days.

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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