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Avon Rubber plc 5.9% Potential Upside Indicated by Berenberg

Avon Rubber plc with EPIC/TICKER (LON:AVON) had its stock rating noted as ‘Reiterates’ 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 1800 GBX on its stock. This would imply the analyst believes there is now a potential upside of 5.9% from today’s opening price of 1700 GBX. Over the last 30 and 90 trading days the company share price has increased 446 points and increased 280 points respectively. The 52 week high share price is 1768 GBX while the 52 week low is 1075 GBX.

Avon Rubber plc has a 50 day moving average of 1,410.05 GBX and a 200 day moving average of 1,352.54. There are currently shares in issue with the average daily volume traded being 62,016. Market capitalisation for LON:AVON is £548,491,802 GBP.