Deutsche Bank has maintained its 'hold' rating on Avon Technologies PLC (LSE:AVON), the maker of respiratory protection equipment, while raising its target price by 24% to 2,480p from 2,000p, against a last closing price of 2,350p. Avon confirmed at last week's strategy event that it had comfortably exceeded its final target of a 14% to 16% operating margin a year ahead of schedule.
Avon Technologies PLC (LSE:AVON) shares jumped nearly 18% to an intraday high of 2,245.6p on Wednesday after the defence equipment group delivered a stronger-than-expected finish to the year and set new five-year growth targets. Peel Hunt, which has a 'buy' rating and a 2,250p target price, said revenue growth of around 12.5% for 2026 and an adjusted operating margin comfortably above the previ...
Avon Technologies PLC (LSE:AVON) has secured a further $20.3 million delivery order from the US Defense Logistics Agency for second-generation Advanced Combat Helmets. The order, awarded to its Team Wendy Ceradyne business, sits under the Advanced Combat Helmet Gen II framework contract first announced in February 2022.
Avon Technologies PLC (LSE:AVON), the British maker of protective equipment for the military, has won a $10.8 million order to supply respirators to a European NATO member. The order was placed by an existing customer through the framework contract run by the NATO Support and Procurement Agency (NSPA), which buys equipment on behalf of the alliance.
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