Avon Rubber plc (LON:AVON) had its target price decreased by Investec from GBX 1,080 ($15.54) to GBX 820 ($11.80) in a report released on Wednesday morning, MarketBeat.com reports. Investec currently has a hold rating on the stock.

Shares of Avon Rubber plc (LON:AVON) traded down 3.06% during midday trading on Wednesday, reaching GBX 775.00. The company’s stock had a trading volume of 51,215 shares. The stock’s market cap is GBX 233.55 million. Avon Rubber plc has a 52-week low of GBX 687.39 and a 52-week high of GBX 1,180.00. The stock has a 50-day moving average price of GBX 979.56 and a 200-day moving average price of GBX 970.79.

The firm also recently declared a dividend, which will be paid on Friday, March 18th. Shareholders of record on Thursday, February 18th will be given a dividend of GBX 4.86 ($0.07) per share. This represents a yield of 0.45%. The ex-dividend date of this dividend is Thursday, February 18th.

A number of other research firms have also weighed in on AVON. WH Ireland boosted their target price on Avon Rubber plc from GBX 950 ($13.67) to GBX 1,100 ($15.83) and gave the company a buy rating in a research note on Tuesday, October 6th. N+1 Singer lowered Avon Rubber plc to a hold rating and boosted their target price for the company from GBX 915 ($13.16) to GBX 1,040 ($14.96) in a research note on Monday, October 12th.

Avon Rubber plc is a United Kingdom-based design and engineering company. The Company designs tests and manufactures specialist products from various sites in the United States and United Kingdom serving markets across the world. The Company operates its business through two segments: Protection & Defence, and Dairy. The Company also offers thermal imaging camera systems. The Company offers Chemical, Biological, Radiological and Nuclear (LON:AVON) respiratory protection systems technology for the military forces, civil, first line defense troops, emergency service teams, oil extraction site personnel, homeland security, first responder, fire and industrial markets. The Company also offers manufacturing liners and tubing for the dairy industry. The Company’s liner includes Impulse Air mouthpiece vented liner.

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