Apr Energy PLC Stock Rating Reaffirmed by Liberum Capital (APR)
Apr Energy PLC (LON:APR)‘s stock had its “sell” rating reiterated by equities research analysts at Liberum Capital in a research note issued to investors on Wednesday. They currently have a GBX 385 ($6.37) price objective on the stock. Liberum Capital’s price objective points to a potential downside of 29.62% from the company’s current price.
Apr Energy PLC (LON:APR) traded down 7.59% on Wednesday, hitting GBX 505.50. The stock had a trading volume of 905,614 shares. Apr Energy PLC has a one year low of GBX 422.75 and a one year high of GBX 1177.00. The stock has a 50-day moving average of GBX 542.8 and a 200-day moving average of GBX 729.1.
The company also recently announced a dividend, which is scheduled for Friday, October 10th. Stockholders of record on Wednesday, September 10th will be paid a dividend of GBX 3.30 ($0.05) per share. This represents a dividend yield of 0.65%. The ex-dividend date is Wednesday, September 10th.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Apr Energy PLC in a research note on Tuesday, August 5th. Separately, analysts at Investec reiterated a “hold” rating on shares of Apr Energy PLC in a research note on Tuesday, July 29th. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Apr Energy PLC in a research note on Tuesday, July 29th. They now have a GBX 1,240 ($20.52) price target on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target 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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