APN Resources N.V. (LON:APN – Get Free Report) insider Thomas Michael Ryder sold 4,500,000 shares of the business’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of GBX 275, for a total transaction of £12,375,000.
APN Resources Trading Down 1.9%
Shares of APN Resources stock opened at GBX 287.50 on Monday. APN Resources N.V. has a 12 month low of GBX 158 and a 12 month high of GBX 356. The business’s fifty day simple moving average is GBX 323.46 and its 200 day simple moving average is GBX 271.48. The firm has a market capitalization of £718.75 million and a P/E ratio of 25.90.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on APN. Berenberg Bank raised their price target on APN Resources from GBX 340 to GBX 370 and gave the company a “buy” rating in a report on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft upped their price target on shares of APN Resources from GBX 335 to GBX 350 and gave the stock a “buy” rating in a research note on Wednesday, August 26th. Finally, Canaccord Genuity Group increased their price objective on shares of APN Resources from GBX 335 to GBX 365 and gave the company a “buy” rating in a research report on Wednesday, August 26th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 323.75.
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. 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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