Home » Reports » Broker Ratings » Avon Rubber plc 16.4% Potential Upside Indicated by Berenberg

Avon Rubber plc 16.4% Potential Upside Indicated by Berenberg

Avon Rubber plc using EPIC/TICKER code (LON:AVON) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Avon Rubber plc are listed in the Industrials sector within UK Main Market. Berenberg have set their target price at 1715 GBX on its stock. This now indicates the analyst believes there is a possible upside of 16.4% from today’s opening price of 1474 GBX. Over the last 30 and 90 trading days the company share price has increased 64 points and increased 204 points respectively. The 52 week high for the stock is 1480 GBX while the year low stock price is currently 885 GBX.

Avon Rubber plc has a 50 day moving average of 1,429.69 GBX and the 200 Day Moving Average price is recorded at 1,240.74. There are currently 31,023,292 shares in issue with the average daily volume traded being 48,629. Market capitalisation for LON:AVON is £463,156,660 GBP.

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