Investec Lowers Apr Energy PLC Price Target to GBX 880 (APR)
Equities research analysts at Investec decreased their price target on shares of Apr Energy PLC (LON:APR) from GBX 1,150 ($19.34) to GBX 880 ($14.80) in a research note issued to investors on Tuesday. The firm currently has a “hold” rating on the stock. Investec’s target price would suggest a potential upside of 11.89% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Apr Energy PLC in a research note on Tuesday. They now have a GBX 1,240 ($20.86) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Apr Energy PLC in a research note on Wednesday, May 14th. They now have a GBX 1,350 ($22.71) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Apr Energy PLC in a research note on Thursday, May 1st. They now have a GBX 1,250 ($21.03) price target on the stock. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,069.92 ($18.00).
Shares of Apr Energy PLC (LON:APR) opened at 768.50 on Tuesday. Apr Energy PLC has a 52 week low of GBX 755.50 and a 52 week high of GBX 1177.00. The stock has a 50-day moving average of GBX 845.9 and a 200-day moving average of GBX 943.7.
APR Energy PLC, formerly Horizon Acquisition Company plc, offers temporary power solutions on a fast-track basis to utility and industrial customers worldwide.
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