APN Resources (LON:APN) Price Target Raised to GBX 280

APN Resources (LON:APN) had its price target boosted by Berenberg Bank from GBX 250 to GBX 280 in a report released on Thursday, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

Separately, Peel Hunt restated a “hold” rating and set a GBX 210 price target on shares of APN Resources in a research note on Friday, December 19th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 226.67.

APN Resources Trading Up 1.0%

Shares of LON APN opened at GBX 259.50 on Thursday. The company’s 50 day simple moving average is GBX 211.26. The firm has a market cap of £648.75 million and a price-to-earnings ratio of 30.89. APN Resources has a fifty-two week low of GBX 104.18 and a fifty-two week high of GBX 261.

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

About APN Resources

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.