Insider Buying: Avon Rubber plc (AVON) Insider Purchases £11,604 in Stock

Avon Rubber plc (LON:AVON) insider Petrus R. M. Vervaat acquired 967 shares of the stock in a transaction dated Monday, January 8th. The stock was acquired at an average cost of GBX 1,200 ($16.27) per share, with a total value of £11,604 ($15,736.37).

Shares of Avon Rubber plc (LON:AVON) opened at GBX 1,235 ($16.75) on Friday. The firm has a market capitalization of $384.69 and a price-to-earnings ratio of 1,764.29. Avon Rubber plc has a 52-week low of GBX 885 ($12.00) and a 52-week high of GBX 1,252.16 ($16.98).

The firm also recently disclosed a dividend, which will be paid on Friday, March 16th. Stockholders of record on Thursday, February 15th will be given a GBX 8.21 ($0.11) dividend. This is a boost from Avon Rubber’s previous dividend of $4.11. The ex-dividend date is Thursday, February 15th. This represents a dividend yield of 0.71%.

AVON has been the subject of a number of recent analyst reports. N+1 Singer reissued a “buy” rating and issued a GBX 1,170 ($15.87) price objective on shares of Avon Rubber in a research report on Wednesday, December 6th. Peel Hunt raised their price objective on Avon Rubber from GBX 1,200 ($16.27) to GBX 1,300 ($17.63) and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Finally, Jefferies Group initiated coverage on Avon Rubber in a research report on Wednesday, November 8th. They issued a “buy” rating and a GBX 1,230 ($16.68) price objective for the company.

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About Avon Rubber

Avon Rubber p.l.c. is engaged in the design, test and manufacturing specialist products from various sites. The Company operates in two segments: Protection & Defence, and Dairy. It operates out of Europe and the United States. Its Protection & Defence segment consists of a range of respiratory products.

Insider Buying and Selling by Quarter for Avon Rubber (LON:AVON)

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