Friday broker round-up
14th Sep 2018 15:10
(Sharecast News) - SafeChange: Barclays upgrades to overweight with a target price of 420p.
Read moreAvon Rubber expects profits to be in line with expectations
14th Sep 2018 10:05
(Sharecast News) - Avon Rubber expects pre-tax profits to be in line with expectations as strong trading continued throughout the second half of its fiscal year.
Read moreTuesday broker round-up
31st Jul 2018 13:26
(Sharecast News) - Abcam: Berenberg upgrades to buy with a target price of 1,640p.
Read moreAvon Rubber posts solid revenue, earnings growth
16th Nov 2016 10:34
(ShareCast News) - Avon Rubber posted its audited results for the year to 30 September on Wednesday, with revenue up 6% to £142.9m. The company's adjusted EBITDA jumped 13% to £30.8m compared to the prior year, and adjusted operating profit was 8% firmer at £21.8m. Adjusted profit before tax was 9%
Read moreThursday newspaper share tips: More bad news for RBS possible
28th Jan 2016 10:59
(ShareCast News) - The Times' Tempus doesn't think all the bad news from Royal Bank of Scotland is out yet. As well as confirming the bank will make a loss for 2015, the FTSE 100 company announced on Wednesday a large clean-up in the fourth quarter, including £500m of PPI provisions, $2.2bn (£1.5bn)
Read moreAvon Rubber sinks to six-month low after soft update
26th Jan 2016 09:02
(ShareCast News) - Continuing soft conditions in the dairy market have hit Avon Rubber in the first quarter of the year, exacerbated by the timing of orders in the defence business. However, new chief executive Rob Rennie, who started in December, said management remained confident in trading ove
Read moreMonday broker round-up
12th Oct 2015 14:37
(ShareCast News) - Kaz Minerals: Goldman Sachs downgrades to sell, cuts target price to 110.00p. Darty: Liberum Capital starts new coverage with a buy, sets target price at 100.00p. Avon Rubber: N+1 Singer downgrades to hold, raises target price to 1040.00p. Berendsen: RBC Capital Markets upgrades
Read moreAvon Rubber seals Argus deal
9th Oct 2015 08:40
(ShareCast News) - Avon Rubber has completed the acquisition of Argus thermal imaging camera business from e2v technologies for £3.5m. The London-listed group said the deal for the Essex-based group, which posted revenue of £5m in the last financial year, was funded from existing debt facilities. "
Read moreAvon Rubber shares surge on new acquisition
6th Aug 2015 09:09
(ShareCast News) - Avon Rubber bought an Italian dairy equipment producer in a €29.75m deal, sending shares upward. At 0929 BST shares in the stock were up by 4.22% to 838.50p. Avon Rubber said it bought InterPuls through its subsidiary Avon Rubber Italia for €29.75m. Under the deal Avon would tak
Read moreAvon Rubber acquires Hudstar Systems for $5m
22nd Jun 2015 11:00
Engineering group Avon Rubber has completed the acquisition of electronic control systems manufacturer Hudstar Systems for $5.1m. The London-listed company said the deal was funded by existing cash resources, adding it expected the acquisition to be "modestly" earnings enhancing to its next full fin
Read moreAvon Rubber director sells part of her stake
5th Jan 2015 15:22
Stella Pirie, non-executive director at Avon Rubber, on Monday sold 10,000 shares in the company at an individual price of 757.5p. Pirie, who joined the manufacturer of rubber-based products in 2005, pocketed £75,750 in the transaction and now holds 42,000 shares in the group. Avon said in November
Read moreWH Ireland says buy Avon Rubber on positive FY results
19th Nov 2014 12:57
Broker WH Ireland is advising investors to inflate their portfolios with Avon Rubber after the maker of gas masks and milking equipment lifted its annual profits by 21.2% to £16.6m. Avon said orders in its protection and defence division, which makes masks and other equipment for emergency servic
Read moreTuesday broker round-up UPDATE
7th Oct 2014 09:45
African Minerals: Canaccord Genuity lowers target price from 20p to 15p with a hold recommendation. Aggreko: Exane initiates with a target price of 1500p and an underperform rating. Amec: Liberum Capital cuts target price from 1035p to 908p staying with its sell recommendation. Antofagasta: Canacc
Read moreFriday broker round-up UPDATE
3rd Oct 2014 09:25
Anite: Investec places its target price (prev.: 90p) under review maintaining a hold recommendation. Avon Rubber: WH Ireland ups target price from 765p to 800p and retains a buy recommendation. Investec ups target price from 700p to 720p upgrading from add to buy. BTG: Panmure Gordon raises target
Read moreTuesday broker round-up UPDATE
10th Jun 2014 09:45
ASOS: Goldman Sachs reduces target price from 6250p to 5750p, while upgrading to strong buy. Avon Rubber: Investec lowers target price from 690p to 680p and downgrades from buy to add. BAE Systems: Investec downgrades from add to hold with a target price of 430p. BG Group: Exane downgrades to neu
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