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Peel Hunt announced Avon Rubber PLC (LON:AVON), boosting its stock price target to 1,150.00GBX today

In a report released on 10/18/2016 Peel Hunt increased the stock price target of Avon Rubber PLC (LON:AVON) from 1,025.00GBX to 1,150.00GBX reporting a possible upside of 0.14%.

Previously on Friday September 30, 2016, Panmure Gordon released a statement about Avon Rubber PLC (LON:AVON) increased the target price from 1,020.00GBX to 1,100.00GBX. At the time, this indicated a possible upside of 0.08%.

Yesterday Avon Rubber PLC (LON:AVON) traded 0.50% higher at 1,005.00GBX. The company’s 50-day moving average is 956.76GBX and its 200-day moving average is 877.72GBX. The last closing price is up 14.50% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 24,760 shares of the stock traded hands, down from an average trading volume of 41,850

See Chart Below

Avon Rubber PLC (LON:AVON)

Avon Rubber PLC has a 52 week low of 705.50GBX and a 52 week high of 1,180.00GBX with a P/E ratio of 23.05 The company’s market cap is currently 0 GBX.

In addition to Peel Hunt reporting its stock price target, a total of 4 brokers have issued a research note on the company. The average stock price target is 940.00GBX with 2 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Avon Rubber PLC (LON:AVON)

Avon Rubber p.l.c. is engaged in the design, test and manufacturing specialist products. The Company operates in two segments: Protection & Defence, and Dairy. Its Protection & Defence segment consists of a range of respiratory products. It products include respirators or gas masks together with a range of spares and accessories; the National Institute for Occupational Safety and Health-approved emergency hood; rebreathers for escape and underwater use, and self-contained breathing apparatus. It also manufactures the consumable filters used by these products and thermal imaging camera equipment. It also has fabrications business, which manufactures fuel and water storage tanks, and hovercraft skirts. Its Dairy segment is engaged in the design, manufacture and selling of products and services used in the automated milking process, primarily rubber ware, such as liners and tubing. Its products are sold under Milkrite and InterPuls brands. It operates out of Europe and the United States.

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