APN Resources (LON:APN) Sets New 52-Week High – What’s Next?

APN Resources N.V. (LON:APN) shares reached a new 52-week high on Monday . The stock traded as high as GBX 256 and last traded at GBX 254, with a volume of 16667 shares. The stock had previously closed at GBX 255.

Analyst Ratings Changes

A number of equities analysts recently commented on APN shares. Berenberg Bank assumed coverage on APN Resources in a research note on Wednesday, November 5th. They issued a “buy” rating and a GBX 215 price target for the company. Peel Hunt reiterated a “hold” rating and issued a GBX 210 target price on shares of APN Resources in a research report on Friday, December 19th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, APN Resources currently has a consensus rating of “Moderate Buy” and an average target price of GBX 205.

APN Resources Trading Down 1.2%

The firm’s 50-day moving average price is GBX 195.85. The firm has a market capitalization of £630 million and a price-to-earnings ratio of 30.00.

APN Resources (LON:APN) last issued its earnings results on Monday, November 10th. The company reported GBX 9.10 earnings per share (EPS) for the quarter.

APN Resources Company Profile

Applied Nutrition plc (LSE: APN) is a leading sports nutrition, health and wellness brand, which formulates and creates nutrition products with a stated aim of being the world’s most trusted and innovative brand in the market.

Headquartered in the UK, the Group sells products in over 85 countries worldwide and has a diverse product range, targeting elite athletes, gym goers and health-conscious consumers. Applied Nutrition has developed and launched four ranges under the umbrella of the Applied Nutrition brand – Applied Nutrition, ABE, BodyFuel, and Endurance.