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

Avon Protection plc (LON:AVON)’s stock price reached a new 52-week high during trading 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.

Analyst Upgrades and Downgrades

AVON has been the subject of a number of recent analyst reports. Peel Hunt restated a “buy” rating and set a GBX 2,250 price objective on shares of Avon Protection in a research note on Wednesday, August 5th. Jefferies Financial Group restated a “buy” rating and set a GBX 2,390 price objective on shares of Avon Protection in a report on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Avon Protection from GBX 2,000 to GBX 2,480 and gave the company a “hold” rating in a research report on Thursday, October 15th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,373.33.

Avon Protection Stock Performance

The company’s fifty day simple moving average is GBX 1,959.65 and its two-hundred day simple moving average is GBX 1,810.96. The company has a market capitalization of £727.46 million, a price-to-earnings ratio of 41.51, a price-to-earnings-growth ratio of 1.85 and a beta of 0.24. The company has a debt-to-equity ratio of 48.31, a quick ratio of 0.85 and a current ratio of 3.28.

About Avon Protection