APN Resources (LON:APN) Now Covered by Analysts at Berenberg Bank

Berenberg Bank began coverage on shares of APN Resources (LON:APN) in a research report report published on Wednesday morning,Digital Look reports. The brokerage issued a buy rating and a GBX 215 price objective on the stock.

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

APN Resources Stock Up 0.5%

Shares of APN stock opened at GBX 176.60 on Wednesday. The firm has a market capitalization of £441.50 million and a price-to-earnings ratio of 28.95. The company’s 50-day moving average price is GBX 168.40. 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.