APN Resources (LON:APN) Posts Earnings Results

APN Resources (LON:APN) announced its quarterly earnings data on Monday. The company reported GBX 9.10 EPS for the quarter, Digital Look Earnings reports.

APN Resources Trading Down 1.7%

APN traded down GBX 3 during trading on Tuesday, hitting GBX 174. 107,481 shares of the company’s stock were exchanged, compared to its average volume of 272,090. APN Resources has a 1 year low of GBX 104.18 and a 1 year high of GBX 189.92. The stock’s 50 day moving average is GBX 169.30. The stock has a market capitalization of £435 million and a price-to-earnings ratio of 28.52.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on APN Resources from GBX 180 to GBX 190 and gave the stock a “buy” rating in a report on Wednesday, August 20th. Peel Hunt restated a “hold” rating and set a GBX 195 price objective on shares of APN Resources in a research report on Monday. Finally, Berenberg Bank assumed coverage on shares of APN Resources in a research note on Wednesday, November 5th. They issued a “buy” rating and a GBX 215 target price for the company. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 200.

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.