Apr Energy PLC Receives “Hold” Rating from Peel Hunt (APR)
Apr Energy PLC (LON:APR)‘s stock had its “hold” rating reissued by research analysts at Peel Hunt in a report released on Wednesday. They currently have a GBX 550 ($9.10) price objective on the stock. Peel Hunt’s target price indicates a potential upside of 0.55% from the stock’s previous close.
Shares of Apr Energy PLC (LON:APR) traded down 7.40% during mid-day trading on Wednesday, hitting GBX 506.50. 505,267 shares of the company’s stock traded hands. Apr Energy PLC has a 52-week low of GBX 422.75 and a 52-week high of GBX 1177.00. The stock has a 50-day moving average of GBX 546. and a 200-day moving average of GBX 731.8.
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 Wednesday. They now have a GBX 1,240 ($20.52) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Apr Energy PLC in a research note on Wednesday. They now have a GBX 385 ($6.37) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Apr Energy PLC in a research note on Tuesday, August 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of GBX 974.09 ($16.12).
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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