Numis Securities Ltd Reiterates “Buy” Rating for Apr Energy PLC (APR)
Apr Energy PLC (LON:APR)‘s stock had its “buy” rating restated by stock analysts at Numis Securities Ltd in a report issued on Tuesday. They currently have a GBX 1,240 ($20.86) price objective on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 57.66% from the company’s current price.
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.
A number of other firms have also recently commented on APR. 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. Separately, 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. Finally, analysts at Goldman Sachs upgraded shares of Apr Energy PLC to a “buy” rating in a research note on Tuesday, April 15th. They now have a GBX 1,039 ($17.48) price target on the stock, down previously from GBX 1,165 ($19.60). Three analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 1,069.92 ($18.00).
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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