APN Resources N.V. (LON:APN – Get Free Report) insider Steven Granite sold 2,500,000 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of GBX 275, for a total value of £6,875,000.
APN Resources Stock Performance
Shares of LON:APN opened at GBX 287.50 on Monday. The firm’s 50 day simple moving average is GBX 323.46 and its 200-day simple moving average is GBX 271.48. APN Resources N.V. has a one year low of GBX 158 and a one year high of GBX 356. The firm has a market cap of £718.75 million and a PE ratio of 25.90.
Wall Street Analysts Forecast Growth
APN has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft lifted their target price on APN Resources from GBX 335 to GBX 350 and gave the company a “buy” rating in a research report on Wednesday, August 26th. Berenberg Bank increased their price target on APN Resources from GBX 340 to GBX 370 and gave the stock a “buy” rating in a research report on Wednesday, August 26th. Finally, Canaccord Genuity Group raised their price target on APN Resources from GBX 335 to GBX 365 and gave the company a “buy” rating in a research note on Wednesday, August 26th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 323.75.
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.
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