Avon Protection (LON:AVON) Hits New 1-Year High – Here’s What Happened

Shares of Avon Protection plc (LON:AVON) reached a new 52-week high on Tuesday. The company traded as high as GBX 2,375 and last traded at GBX 2,330, with a volume of 127,854 shares changing hands. The stock had previously closed at GBX 2,330.

Analysts Set New Price Targets

Several research analysts recently issued reports on AVON shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,390 target price on shares of Avon Protection in a research report on Wednesday, September 2nd. Peel Hunt reissued a “buy” rating and issued a GBX 2,250 price target on shares of Avon Protection in a research report on Wednesday, August 5th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Avon Protection has an average rating of “Moderate Buy” and an average price target of GBX 2,213.33.

Avon Protection Stock Performance

The company’s fifty day moving average price is GBX 1,887.45 and its 200 day moving average price is GBX 1,775.04. The company has a market cap of £709.79 million, a PE ratio of 40.50, a P/E/G ratio of 1.85 and a beta of 0.24. The company has a debt-to-equity ratio of 48.31, a current ratio of 3.28 and a quick ratio of 0.85.

About Avon Protection