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

Peel Hunt reiterated their buy rating on shares of Avon Rubber (LON:AVON) in a report released on Monday morning, Digital Look reports. Peel Hunt currently has a GBX 1,850 ($24.17) target price on the stock, up from their previous target price of GBX 1,800 ($23.52).

Separately, Berenberg Bank increased their target price on shares of Avon Rubber from GBX 1,625 ($21.23) to GBX 1,800 ($23.52) and gave the company a buy rating in a research report on Friday, August 16th.

LON:AVON opened at GBX 1,724 ($22.53) on Monday. 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 has a market cap of $534.84 million and a price-to-earnings ratio of 37.64. Avon Rubber has a 52 week low of GBX 1,075 ($14.05) and a 52 week high of GBX 1,854 ($24.23). The firm has a 50-day moving average price of GBX 1,648.25 and a two-hundred day moving average price of GBX 1,418.43.

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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