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

APN Resources N.V. (LON:APN) hit 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 traded. The stock had previously closed at GBX 255.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Berenberg Bank started coverage on APN Resources in a research report on Wednesday, November 5th. They set a “buy” rating and a GBX 215 price target on the stock. Peel Hunt reiterated a “hold” rating and set a GBX 210 price objective 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 205.

APN Resources Stock Performance

The stock’s fifty day moving average price is GBX 195.85. The firm has a market capitalization of £630 million and a PE ratio of 30.00.

APN Resources (LON:APN) last posted its quarterly earnings data on Monday, November 10th. The company reported GBX 9.10 earnings per share (EPS) 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.