Avon Technologies Announces Change in Major Holdings

Avon Technologies ( (GB:AVON) ) has shared an announcement.

Avon Technologies Plc, a UK-based company, has reported a change in its major holdings. Alantra EQMC Asset Management SGIIC, S.A., based in Madrid, Spain, has adjusted its voting rights in Avon Technologies, reducing its stake from 18.12% to 17.76%. This change reflects a decrease in the total number of voting rights held by Alantra EQMC Asset Management, which may influence the company’s decision-making and shareholder dynamics.

The most recent analyst rating on (GB:AVON) stock is a Buy with a £1510.00 price target. To see the full list of analyst forecasts on Avon Technologies stock, see the GB:AVON Stock Forecast page.

Spark’s Take on GB:AVON Stock

According to Spark, TipRanks’ AI Analyst, GB:AVON is a Neutral.

Avon Protection scores well due to strong financial performance and positive earnings call sentiment, indicating growth potential. However, technical indicators suggest caution due to overbought conditions, and high valuation metrics temper the overall score.

To see Spark’s full report on GB:AVON stock, click here.

More about Avon Technologies

Average Trading Volume: 72,579

Technical Sentiment Signal: Buy

Current Market Cap: £528.1M

For a thorough assessment of AVON stock, go to TipRanks’ Stock Analysis page.