FinnCap Raises Avingtrans (LON:AVG) Price Target to GBX 300

Avingtrans (LON:AVG) had its target price boosted by FinnCap from GBX 285 ($3.72) to GBX 300 ($3.92) in a research report sent to investors on Wednesday, June 26th, ThisIsMoney.Co.Uk reports. The brokerage currently has a corporate rating on the stock.

Shares of LON:AVG traded up GBX 0.50 ($0.01) during midday trading on Wednesday, hitting GBX 239 ($3.12). The company’s stock had a trading volume of 4,354 shares, compared to its average volume of 32,181. The firm has a market capitalization of $74.96 million and a PE ratio of 298.75. The stock’s 50 day moving average is GBX 231.81. Avingtrans has a fifty-two week low of GBX 170.10 ($2.22) and a fifty-two week high of GBX 259.95 ($3.40). The company has a quick ratio of 0.86, a current ratio of 1.27 and a debt-to-equity ratio of 17.57.

About Avingtrans

Avingtrans plc manufactures and sells engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide. It operates in three segments: Energy-EPM, Energy-PSRE, and Medical. The company designs, manufactures, integrates, and services electric motors and pumps, steam turbines, gas compressors, pressure vessels, containers, and skidded systems; and fabricated poles and cabinets for roadside safety cameras and rail track signaling.

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