APN Resources’ (APN) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of APN Resources (LON:APN) in a research note published on Monday morning, Marketbeat.com reports. They currently have a GBX 290 price objective on the stock.

Separately, Peel Hunt reiterated a “hold” rating and issued a GBX 210 price objective on shares of APN Resources in a report on Friday, December 19th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 251.25.

APN Resources Trading Up 0.9%

Shares of APN stock opened at GBX 217 on Monday. The company has a market cap of £542.50 million and a P/E ratio of 25.83. The firm has a fifty day moving average price of GBX 236.67 and a 200 day moving average price of GBX 209.09. APN Resources has a 12 month low of GBX 104.18 and a 12 month high of GBX 261.

APN Resources (LON:APN) last posted its quarterly earnings results on Monday, March 23rd. The company reported GBX 6.20 earnings per share 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.