Avon Rubber (LON:AVON) Given New GBX 1,800 Price Target at Berenberg Bank

Avon Rubber (LON:AVON) had its price objective raised by Berenberg Bank from GBX 1,625 ($21.23) to GBX 1,800 ($23.52) in a research report sent to investors on Friday, Digital Look reports. They currently have a buy rating on the stock.

Separately, Peel Hunt lifted their target price on shares of Avon Rubber from GBX 1,700 ($22.21) to GBX 1,800 ($23.52) and gave the stock a buy rating in a report on Thursday.

Shares of AVON stock traded up GBX 36 ($0.47) during midday trading on Friday, hitting GBX 1,686 ($22.03). 93,649 shares of the company were exchanged, compared to its average volume of 70,346. The firm has a market capitalization of $525.84 million and a P/E ratio of 36.81. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.79 and a current ratio of 2.49. The firm’s 50 day moving average price is GBX 1,384.93 and its two-hundred day moving average price is GBX 1,340.43. Avon Rubber has a 52 week low of GBX 1,075 ($14.05) and a 52 week high of GBX 1,670 ($21.82).

Avon Rubber Company Profile

Avon Rubber p.l.c. designs, manufactures, and sells chemical, biological, radiological, and nuclear respiratory protection systems for military, law enforcement, and fire markets worldwide. It operates in two segments, Avon Protection and milkrite | InterPuls. The company offers masks and filters with portfolio of respirators, filters, powered, and supplied air and long term pedigree for military contracting and supplying chain; escape hoods; underwater rebreathers; and thermal image camera technology and self-contained breathing apparatus, as well as accessories.

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