Insider Buying: Avon Rubber plc (AVON) Insider Buys 967 Shares of Stock

Avon Rubber plc (LON:AVON) insider Petrus R. M. Vervaat bought 967 shares of the firm’s stock in a transaction on Monday, January 8th. The shares were purchased at an average cost of GBX 1,200 ($16.27) per share, with a total value of £11,604 ($15,736.37).

Avon Rubber plc (LON:AVON) opened at GBX 1,225 ($16.61) on Wednesday. The company has a market capitalization of $380.04 and a price-to-earnings ratio of 1,750.00. Avon Rubber plc has a 1 year low of GBX 885 ($12.00) and a 1 year high of GBX 1,252.16 ($16.98).

The business also recently declared a dividend, which will be paid on Friday, March 16th. Stockholders of record on Thursday, February 15th will be given a GBX 8.21 ($0.11) dividend. This represents a dividend yield of 0.71%. This is a positive change from Avon Rubber’s previous dividend of $4.11. The ex-dividend date is Thursday, February 15th.

A number of equities research analysts have weighed in on AVON shares. Peel Hunt lifted their target price on Avon Rubber from GBX 1,200 ($16.27) to GBX 1,300 ($17.63) and gave the company a “buy” rating in a research report on Wednesday, November 15th. Jefferies Group started coverage on Avon Rubber in a research report on Wednesday, November 8th. They set a “buy” rating and a GBX 1,230 ($16.68) target price for the company. Finally, N+1 Singer reaffirmed a “buy” rating and set a GBX 1,170 ($15.87) target price on shares of Avon Rubber in a research report on Wednesday, December 6th.

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About Avon Rubber

Avon Rubber p.l.c. is engaged in the design, test and manufacturing specialist products from various sites. The Company operates in two segments: Protection & Defence, and Dairy. It operates out of Europe and the United States. Its Protection & Defence segment consists of a range of respiratory products.

Insider Buying and Selling by Quarter for Avon Rubber (LON:AVON)

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