APN Resources’ (APN) “Hold” Rating Reaffirmed at Peel Hunt

APN Resources (LON:APN)‘s stock had its “hold” rating reiterated by research analysts at Peel Hunt in a note issued to investors on Monday,Digital Look reports. They currently have a GBX 195 price objective on the stock. Peel Hunt’s target price suggests a potential upside of 9.18% from the company’s previous close.

Other equities analysts have also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft lifted their price objective on APN Resources from GBX 180 to GBX 190 and gave the company a “buy” rating in a report on Wednesday, August 20th. Berenberg Bank initiated coverage on shares of APN Resources in a research note on Wednesday, November 5th. They issued a “buy” rating and a GBX 215 price target on the stock. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, APN Resources currently has an average rating of “Moderate Buy” and a consensus target price of GBX 200.

APN Resources Price Performance

Shares of APN Resources stock opened at GBX 178.60 on Monday. The business’s fifty day simple moving average is GBX 169.02. The firm has a market cap of £446.50 million and a P/E ratio of 29.27. APN Resources has a 12 month low of GBX 104.18 and a 12 month high of GBX 189.92.

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.