Peel Hunt Reiterates Buy Rating for Avon Rubber (AVON)

Peel Hunt reiterated their buy rating on shares of Avon Rubber (LON:AVON) in a research note published on Monday morning. They currently have a GBX 1,450 ($20.49) target price on the stock.

Separately, Jefferies Group boosted their price objective on Avon Rubber from GBX 1,315 ($18.59) to GBX 1,405 ($19.86) and gave the company a buy rating in a report on Thursday, February 22nd.

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AVON stock opened at GBX 1,345 ($19.01) on Monday. Avon Rubber has a twelve month low of GBX 885 ($12.51) and a twelve month high of GBX 1,325 ($18.73).

In other Avon Rubber news, insider David Evans acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The stock was bought at an average price of GBX 1,175 ($16.61) per share, for a total transaction of £117,500 ($166,077.74). In the last 90 days, insiders have purchased 10,037 shares of company stock valued at $11,795,941.

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About Avon Rubber

Avon Rubber p.l.c. designs, manufactures, and sells chemical, biological, radiological, and nuclear respiratory protection systems for military, homeland security, first responder, fire, and industrial markets worldwide. It operates through two segments, Protection and Dairy. The company offers respirators or gas masks with a range of spares and accessories; emergency hoods; rebreathers for escape and underwater use; self-contained breathing apparatus; consumable filters and thermal imaging camera equipment; and fuel and water storage tanks to military forces, civil and first line defense troops, and emergency service teams, as well as industrial, marine, mineral, and oil extraction site personnel.

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