Avon Protection (LON:AVON) Sets New 52-Week High – What’s Next?

Avon Protection plc (LON:AVON) hit a new 52-week high on Tuesday. The stock traded as high as GBX 2,565 and last traded at GBX 2,460, with a volume of 2,680 shares traded. The stock had previously closed at GBX 2,460.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on AVON. Deutsche Bank Aktiengesellschaft increased their target price on Avon Protection from GBX 2,000 to GBX 2,480 and gave the company a “hold” rating in a research note on Thursday, October 15th. Peel Hunt reiterated a “buy” rating and set a GBX 2,250 target price on shares of Avon Protection in a report on Wednesday, August 5th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 2,390 price target on shares of Avon Protection in a research report on Wednesday, September 2nd. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,373.33.

Avon Protection Stock Up 0.4%

The firm’s 50 day moving average price is GBX 1,959.65 and its two-hundred day moving average price is GBX 1,810.96. The firm has a market capitalization of £727.46 million, a PE ratio of 41.51, a P/E/G ratio of 1.85 and a beta of 0.24. The company has a quick ratio of 0.85, a current ratio of 3.28 and a debt-to-equity ratio of 48.31.

Avon Protection Company Profile