Apr Energy PLC Rating Reiterated by Credit Suisse (APR)
Apr Energy PLC (LON:APR)‘s stock had its “outperform” rating reaffirmed by investment analysts at Credit Suisse in a note issued to investors on Friday, American Banking News reports. They currently have a GBX 1,350 ($22.62) target price on the stock. Credit Suisse’s price target would indicate a potential upside of 56.07% from the company’s current price.
Shares of Apr Energy PLC (LON:APR) traded up 0.58% during mid-day trading on Friday, hitting GBX 864.9999. The stock had a trading volume of 59,341 shares. Apr Energy PLC has a 52-week low of GBX 621.00 and a 52-week high of GBX 1177.00. The stock’s 50-day moving average is GBX 928.1 and its 200-day moving average is GBX 995.0.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Apr Energy PLC in a research note on Thursday, February 13th. They now have a GBX 1,240 ($20.78) price target on the stock. Separately, analysts at Cantor Fitzgerald Europe reiterated a “hold” rating on shares of Apr Energy PLC in a research note on Wednesday, February 12th. They now have a GBX 1,000 ($16.76) price target on the stock. Finally, analysts at Jefferies Group cut their price target on shares of Apr Energy PLC from GBX 1,260 ($21.12) to GBX 1,250 ($20.95) in a research note on Monday, February 10th. They now have a “buy” rating on the stock. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 1,094.15 ($18.34).
APR Energy PLC, formerly Horizon Acquisition Company plc, offers temporary power solutions on a fast-track basis to utility and industrial customers worldwide.