Avon Protection (LON:AVON) Earns Buy Rating from Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Avon Protection (LON:AVON – Get Rating) in a research note released on Tuesday morning, MarketBeat reports. They currently have a GBX 1,400 ($17.41) target price on the stock.

Separately, Numis Securities reissued a hold rating and set a GBX 1,100 ($13.68) price target on shares of Avon Protection in a research report on Thursday, February 9th.

Avon Protection Price Performance

Shares of LON AVON opened at GBX 810 ($10.07) on Tuesday. The business’s 50 day moving average price is GBX 932.73 and its two-hundred day moving average price is GBX 1,004.49. The company has a market cap of £245.11 million, a PE ratio of -5,400.00, a price-to-earnings-growth ratio of 1.85 and a beta of 0.43. The company has a quick ratio of 0.85, a current ratio of 2.34 and a debt-to-equity ratio of 36.82. Avon Protection has a twelve month low of GBX 732 ($9.10) and a twelve month high of GBX 1,250 ($15.55).

Avon Protection Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, September 8th. Stockholders of record on Thursday, August 10th will be given a $0.14 dividend. This represents a dividend yield of 1.19%. The ex-dividend date of this dividend is Thursday, August 10th. Avon Protection’s payout ratio is -24,666.67%.

Avon Protection Company Profile

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Avon Protection plc designs, manufactures, and sells chemical, biological, radiological, and nuclear respiratory protection systems for military, law enforcement, and fire markets worldwide. It offers masks and filters with portfolio of respirators, filters, powered air, and supplied air and long term pedigree for military contracting and supplying chain; escape hoods; underwater rebreathers; and thermal image camera technology and self-contained breathing apparatus, as well as accessories.