Apr Energy PLC’s Buy Rating Reaffirmed at Numis Securities Ltd (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 Wednesday. They currently have a GBX 1,240 ($20.52) price target on the stock. Numis Securities Ltd’s price target points to a potential upside of 126.69% from the company’s current price.
Shares of Apr Energy PLC (LON:APR) opened at 482.875 on Wednesday. Apr Energy PLC has a 52-week low of GBX 422.75 and a 52-week high of GBX 1177.00. The stock’s 50-day moving average is GBX 546. and its 200-day moving average is GBX 731.8.
A number of other firms have also recently commented on APR. 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. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Apr Energy PLC in a research note on Tuesday, August 5th. Finally, analysts at Investec reiterated a “hold” rating on shares of Apr Energy PLC in a research note on Tuesday, July 29th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 1,016.50 ($16.82).
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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