Avon Protection (LON:AVON) Given New GBX 1,015 Price Target at Berenberg Bank

Avon Protection (LON:AVON – Get Rating) had its price objective lowered by Berenberg Bank from GBX 1,040 ($13.09) to GBX 1,015 ($12.77) in a report published on Tuesday, MarketBeat reports. The brokerage currently has a hold rating on the stock.

Separately, Peel Hunt reaffirmed a buy rating and set a GBX 1,500 ($18.88) price objective on shares of Avon Protection in a research report on Tuesday.

LON AVON opened at GBX 1,041.29 ($13.10) on Tuesday. The company has a 50 day simple moving average of GBX 1,181.75 and a 200-day simple moving average of GBX 1,168.09. The company has a debt-to-equity ratio of 34.08, a current ratio of 2.71 and a quick ratio of 1.31. The firm has a market capitalization of £315.07 million and a price-to-earnings ratio of -15.67. Avon Protection has a 52-week low of GBX 860 ($10.82) and a 52-week high of GBX 3,174 ($39.94).

The company also recently declared a dividend, which will be paid on Friday, September 2nd. Stockholders of record on Thursday, August 4th will be given a $0.14 dividend. This represents a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, August 4th. Avon Protection’s dividend payout ratio is -0.59%.

Avon Protection Company Profile (Get Rating)

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.

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