Avon Protection (LON:AVON) Sets New 1-Year High – Time to Buy?

Avon Protection plc (LON:AVON) reached a new 52-week high on Tuesday. The company traded as high as GBX 2,565 and last traded at GBX 2,460, with a volume of 2,680 shares changing hands. The stock had previously closed at GBX 2,460.

Analyst Upgrades and Downgrades

AVON has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft upped their price objective on Avon Protection from GBX 2,000 to GBX 2,480 and gave the company a “hold” rating in a research note on Thursday, October 15th. Jefferies Financial Group restated a “buy” rating and set a GBX 2,390 target price on shares of Avon Protection in a research report on Wednesday, September 2nd. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 2,250 price target on shares of Avon Protection in a research note on Wednesday, August 5th. Two 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, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,373.33.

Avon Protection Price Performance

The stock has a market capitalization of £730.41 million, a P/E ratio of 41.68, a PEG ratio of 1.85 and a beta of 0.24. The company’s 50 day simple moving average is GBX 1,991.06 and its two-hundred day simple moving average is GBX 1,819.76. 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