APN Resources (LON:APN) Research Coverage Started at Berenberg Bank

Berenberg Bank initiated coverage on shares of APN Resources (LON:APN) in a research note released on Wednesday, MarketBeat reports. The firm issued a buy rating and a GBX 215 price target on the stock.

Separately, Deutsche Bank Aktiengesellschaft increased their price objective on shares of APN Resources from GBX 180 to GBX 190 and gave the company a “buy” rating in a research report on Wednesday, August 20th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 202.50.

APN Resources Price Performance

APN stock opened at GBX 182 on Wednesday. The company has a market cap of £455 million and a PE ratio of 29.83. APN Resources has a 12-month low of GBX 104.18 and a 12-month high of GBX 189.92. The company has a 50 day simple moving average of GBX 169.02.

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.