Avon Protection (LON:AVON) Sets New 12-Month High – Here’s What Happened

Avon Protection plc (LON:AVON)’s share price reached a new 52-week high on Monday. The stock traded as high as GBX 2,600 and last traded at GBX 2,590, with a volume of 4,749 shares changing hands. The stock had previously closed at GBX 2,565.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Peel Hunt reiterated a “buy” rating and issued a GBX 2,250 target price on shares of Avon Protection in a research report on Wednesday, August 5th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 2,390 target price on shares of Avon Protection in a research note on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft raised their price target 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 equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Avon Protection currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,373.33.

Avon Protection Trading Down 2.4%

The stock has a market capitalization of £720.10 million, a P/E ratio of 41.09, a price-to-earnings-growth ratio of 1.85 and a beta of 0.25. The stock’s fifty day moving average price is GBX 2,048.61 and its two-hundred day moving average price is GBX 1,831.20. The company has a current ratio of 3.28, a quick ratio of 0.85 and a debt-to-equity ratio of 48.31.

About Avon Protection