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

Berenberg Bank reissued their buy rating on shares of APN Resources (LON:APN) in a research report sent to investors on Monday,London Stock Exchange reports. They currently have a GBX 290 price objective on the stock.

Separately, Peel Hunt reaffirmed a “hold” rating and issued a GBX 210 price objective on shares of APN Resources in a research note on Friday, December 19th. Three 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, APN Resources currently has a consensus rating of “Moderate Buy” and an average target price of GBX 251.25.

APN Resources Trading Down 9.2%

APN opened at GBX 200.75 on Monday. APN Resources has a 12-month low of GBX 104.18 and a 12-month high of GBX 261. The business’s fifty day simple moving average is GBX 237.84 and its 200-day simple moving average is GBX 208.67. The company has a market capitalization of £501.88 million and a price-to-earnings ratio of 23.90.

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.