Separately, Berenberg Bank began coverage on Avon Rubber in a research report on Friday, June 29th. They issued a buy rating and a GBX 1,715 ($22.70) price target for the company.
AVON stock opened at GBX 1,410 ($18.66) on Tuesday. Avon Rubber has a 1 year low of GBX 885 ($11.71) and a 1 year high of GBX 1,325 ($17.54).
In other Avon Rubber news, insider Nick Keveth acquired 1,433 shares of the firm’s stock in a transaction that occurred on Wednesday, May 16th. The shares were purchased at an average cost of GBX 1,419 ($18.78) per share, for a total transaction of £20,334.27 ($26,914.98). Also, insider David Evans sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 30th. The shares were sold at an average price of GBX 1,405 ($18.60), for a total value of £70,250 ($92,984.78). Insiders purchased 1,465 shares of company stock worth $2,077,846 over the last quarter.
Avon Rubber Company Profile
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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