APN Resources (LON:APN) Insider Acquires £29,828.25 in Stock

Key Points

• Insider purchase: APN insider Marnie Jane Millard bought 13,257 shares at GBX 225 on April 13th, a transaction totalling £29,828.25.
• Shares traded up about 1.1% to GBX 226.53 that day; the company has a market cap of £566.32 million and a P/E of 26.97.
• Analysts are broadly positive with three Buys and one Hold, giving a consensus rating of “Moderate Buy” and a consensus price target of GBX 251.25.

APN Resources N.V. (LON:APN - Get Free Report) insider Marnie Jane Millard bought 13,257 shares of the firm's stock in a transaction on Monday, April 13th. The shares were bought at an average cost of GBX 225 per share, for a total transaction of £29,828.25.

APN Resources Stock Up 1.1%

Shares of LON APN traded up GBX 2.54 during midday trading on Monday, reaching GBX 226.53. 287,582 shares of the company were exchanged, compared to its average volume of 528,915. The stock's 50-day moving average price is GBX 231.79 and its 200-day moving average price is GBX 214.06. The stock has a market cap of £566.32 million and a P/E ratio of 26.97. APN Resources N.V. has a one year low of GBX 107.78 and a one year high of GBX 261.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on APN shares. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 290 target price on shares of APN Resources in a report on Monday, March 23rd. Peel Hunt restated a "hold" rating and set a GBX 210 target price on shares of APN Resources in a research report on Friday, December 19th. Finally, Canaccord Genuity Group restated a "buy" rating and set a GBX 315 target price on shares of APN Resources in a research report on Monday, March 23rd. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of GBX 251.25.

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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