Avon Technologies (AVON)

Sector:

Defense and Aeronautics

Index:

FTSE Small Cap

1,758.00p
   
  • Change Today:
      38.00p
  • 52 Week High: 1,798.00
  • 52 Week Low: 1,206.00
  • Currency: UK Pounds
  • Shares Issued: 30.26m
  • Volume: 170,319
  • Market Cap: £531.94m
  • RiskGrade: 186
  • Beta: 0.02

Berenberg slashes target price on Avon Rubber amid 'a year to forget'

By Iain Gilbert

Date: Thursday 26 Aug 2021

LONDON (ShareCast) - (Sharecast News) - Analysts at Berenberg slashed their target price on safety equipment supplier Avon Protection from 2,955.0p to 1,740.0p on Thursday after the group cut its full-year guidance by roughly 40%.

Berenberg stated that if 2020 was "a year to remember" for Avon Protection, then the 2021 trading year had certainly been "a year to forget".

With several challenges coming to the fore, Avon "materially downgraded" its full-year 2021 and full-year 2022 guidance and while Berenberg noted that if its full-year 2023 numbers can be achieved, the stock still trades at "an undemanding" 16.5x price-to-earnings ratio for a 4.0% free cash flow yield.

However, the German bank said it was still seeking greater clarity that these earnings will be delivered before turning more positive.

"As a result, we maintain our 'hold' rating with Avon remaining a least preferred name for 2021," said Berenberg.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AVON Market Data

Currency UK Pounds
Share Price 1,758.00p
Change Today 38.00p
% Change 2.21 %
52 Week High 1,798.00
52 Week Low 1,206.00
Volume 170,319
Shares Issued 30.26m
Market Cap £531.94m
Beta 0.02
RiskGrade 186

AVON Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.16% below the market average97.16% below the market average97.16% below the market average97.16% below the market average97.16% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Price Trend
88.31% above the market average88.31% above the market average88.31% above the market average88.31% above the market average88.31% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Income
95.89% below the market average95.89% below the market average95.89% below the market average95.89% below the market average95.89% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Growth
26.12% above the market average26.12% above the market average26.12% above the market average26.12% above the market average26.12% above the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 4
Sell 0
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

AVON Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Aug-25 06-Feb-25
Paid 05-Sep-25 07-Mar-25
Amount 7.60¢ 16.10¢

Trades for 30-May-2025

Time Volume / Share Price
16:37 156 @ 1,758.00p
16:35 312 @ 1,758.00p
16:35 76 @ 1,758.00p
16:35 198 @ 1,758.00p
16:35 255 @ 1,758.00p

AVON Key Personnel

CFO Rich Cashin

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