Full-year results were slightly ahead of recently upgraded forecasts, with an outlook that appears more confident than many in the sector and a further small upgrade in current-year expectations. The shares offer significant upside, and we maintain our 300p price target, although our SOTP valuation signals a much higher potential to be achieved on disposals.
18 Sep 2019
Avingtrans - FY results slightly ahead, good margin gains achieved
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Avingtrans - FY results slightly ahead, good margin gains achieved
Avingtrans plc (AVG:LON) | 405 0 0.0% | Mkt Cap: 134.0m
- Published:
18 Sep 2019 -
Author:
David Buxton -
Pages:
10
Full-year results were slightly ahead of recently upgraded forecasts, with an outlook that appears more confident than many in the sector and a further small upgrade in current-year expectations. The shares offer significant upside, and we maintain our 300p price target, although our SOTP valuation signals a much higher potential to be achieved on disposals.