Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for APN Resources (LON:APN) Stock

APN Resources (LON:APN) had its price target hoisted by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 306 to GBX 335 in a research note issued on Tuesday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 23.16% from the company’s previous close.

APN has been the topic of several other research reports. Berenberg Bank reissued a “buy” rating and set a GBX 290 target price on shares of APN Resources in a research report on Monday, March 23rd. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 315 price target on shares of APN Resources in a research report on Monday, March 23rd. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 287.50.

APN Resources Stock Performance

Shares of LON APN opened at GBX 272 on Tuesday. APN Resources has a fifty-two week low of GBX 123.20 and a fifty-two week high of GBX 279.50. The firm has a market capitalization of £680 million and a PE ratio of 32.38. The stock’s 50-day simple moving average is GBX 219.82 and its 200-day simple moving average is GBX 225.69.

APN Resources (LON:APN) last issued its earnings results on Monday, March 23rd. The company reported GBX 6.20 earnings per share for the quarter.

Insider Buying and Selling

In other news, insider Marnie Jane Millard purchased 13,257 shares of the business’s stock in a transaction on Monday, April 13th. The shares were bought at an average price of GBX 225 per share, with a total value of £29,828.25. 44.82% of the stock is currently owned by company 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.