Key Points
- Insider sale: Joseph Pollard sold 550,000 APN Resources shares on June 4 at an average price of GBX 276, totaling about £1.52 million.
- Stock performance: APN shares opened at GBX 281, near their 12-month high of GBX 290, and the company has a market cap of about £702.5 million.
- Analyst sentiment: Broker coverage remains positive, with three analysts rating the stock Buy and one Hold; the average target price is GBX 287.50.
APN Resources N.V. (LON:APN - Get Free Report) insider Joseph Pollard sold 550,000 shares of the business's stock in a transaction on Thursday, June 4th. The shares were sold at an average price of GBX 276, for a total value of £1,518,000.
APN Resources Price Performance
Shares of APN Resources stock opened at GBX 281 on Friday. The stock has a market capitalization of £702.50 million and a price-to-earnings ratio of 33.45. The business has a 50-day moving average of GBX 223.88 and a 200 day moving average of GBX 227.96. APN Resources N.V. has a 12 month low of GBX 123.20 and a 12 month high of GBX 290.
APN Resources (LON:APN - Get Free Report) last announced its quarterly earnings data on Monday, March 23rd. The company reported GBX 6.20 earnings per share for the quarter.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on APN. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 315 price objective on shares of APN Resources in a research note on Monday, March 23rd. Deutsche Bank Aktiengesellschaft boosted their target price on APN Resources from GBX 306 to GBX 335 and gave the stock a "buy" rating in a research note on Tuesday. Finally, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 290 price target on shares of APN Resources in a research report on Monday, March 23rd. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of GBX 287.50.
Get Our Latest Stock Report on APN Resources
APN Resources Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
