Thursday broker round-up
3rd Jun 2021 12:50
(Sharecast News) - Experian: RBC Capital Markets downgrades to underperform with a target price of 2,400p.
Read moreBerenberg slashes target price on Avon Rubber, stock remains on 'least preferred' list for 2021
3rd Jun 2021 10:59
(Sharecast News) - Analysts at Berenberg slashed their target price on personal protection systems manufactureer Avon Rubber from 3,335.0p to 2,955.0p on Thursday, stating the group was now entering "a testing period".
Read moreAvon Rubber interim profits grow, proposes name change
25th May 2021 09:19
(Sharecast News) - Manufacturing company Avon Rubber said on Tuesday that it had experienced a strong start to the trading year, with both revenues and pre-tax profits rising in the six months ended 31 March.
Read moreAvon Rubber backs FY expectations after strong second quarter
9th Apr 2021 07:37
(Sharecast News) - Avon Rubber said on Friday that given its current order book and expected order intake in the second half, it remains confident of achieving its expectations for the year.
Read moreAvon Rubber increases value of US Army deal
1st Apr 2021 08:08
(Sharecast News) - Personal protection manufacturer Avon Rubber said on Thursday that it had modified an existing contract with the US Army.
Read moreAvon Rubber confident as pandemic boosts demand
29th Jan 2021 07:48
(Sharecast News) - Avon Rubber said it was confident about meeting expectations for annual results as the company reported strong demand from military customers and for respiratory products during the Covid-19 pandemic.
Read moreAvon Rubber approval processes delayed, deliveries pushed out to new year
17th Dec 2020 08:33
(Sharecast News) - Respiratory equipment manufacturer Avon Rubber warned on Thursday that approval processes related to several US contracts had been delayed, pushing out deliveries and associated revenues until the new year.
Read moreThursday broker round-up
3rd Dec 2020 13:23
(Sharecast News) - Kenmare Resources: Berenberg reiterates buy with a target price of 390p.
Read moreBerenberg raises target price on Avon Rubber
3rd Dec 2020 13:01
(Sharecast News) - Analysts at Berenberg raised their target price on engineering and manufacturing group Avon Rubber from 3,510.0p to 4,065.0p on Thursday.
Read moreAvon Rubber growth driven by 3M helmets and armour acquisition
2nd Dec 2020 07:29
(Sharecast News) - Avon Rubber reported a 30.8% improvement in revenue in its final results on Wednesday, to £168m, which it said comprised 0.1% organic constant currency growth, with a 31.7% contribution from the acquisition of 3M helmets and armour, and a 1.0% currency headwind.
Read moreAvon Rubber wins $93m US army helmet contract
24th Sep 2020 07:53
(Sharecast News) - Avon Rubber said it had won a new sole-source contract worth up to $93m (£73.2m) to develop and supply the US army with new helmets.
Read moreFTSE 250 movers: Avon Rubber and Computacenter at record-highs
9th Sep 2020 15:50
(Sharecast News) - London's second-tier index was edging higher in late afternoon trading with investor sentiment buoyed in the background by a bounce on Wall Street as the beaten down Nasdaq-100 technology gauge bounced off of a key short-term technical support level.
Read moreAvon Rubber buys Team Wendy for $130m as FY guidance held
9th Sep 2020 07:14
(Sharecast News) - Avon Rubber said it was buying US-based military helmet maker Team Wendy for $130m (£100m) as it maintained full year guidance.
Read moreAvon Rubber wins US DoD filter contract
28th Aug 2020 07:39
(Sharecast News) - Avon Rubber said on Friday that the US Department of Defence has announced the award of a dual source contract to supply replacement M61 filters for the M50 mask system.
Read moreAvon Rubber sells Milkrite business to DeLaval
2nd Jul 2020 07:51
(Sharecast News) - Avon Rubber has signed an agreement to sell its 'Milkrite InterPuls' business to DeLaval Holding, it announced on Thursday, for a cash consideration of £180m on a cash and debt free basis.
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