APN Resources (LON:APN) Given New GBX 350 Price Target at Deutsche Bank Aktiengesellschaft

APN Resources (LON:APN) had its price objective increased by Deutsche Bank Aktiengesellschaft from GBX 335 to GBX 350 in a research report sent to investors on Wednesday,Digital Look reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

Several other analysts have also recently issued reports on APN. Berenberg Bank increased their target price on shares of APN Resources from GBX 340 to GBX 370 and gave the stock a “buy” rating in a research note on Wednesday. Canaccord Genuity Group upped their price target on shares of APN Resources from GBX 335 to GBX 365 and gave the stock a “buy” rating in a report on Wednesday. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, APN Resources has a consensus rating of “Moderate Buy” and an average price target of GBX 323.75.

APN Resources Stock Down 0.5%

Shares of APN opened at GBX 315 on Wednesday. The business’s 50-day moving average price is GBX 323.38 and its 200-day moving average price is GBX 266.17. APN Resources has a twelve month low of GBX 158 and a twelve month high of GBX 356. The stock has a market cap of £787.50 million and a PE ratio of 28.38.

Insider Transactions at APN Resources

In other APN Resources news, insider Joseph Pollard sold 550,000 shares of APN Resources stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of GBX 276, for a total transaction of £1,518,000. 45.30% of the stock is currently owned by insiders.

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.