Apr Energy PLC Given New GBX 1,089 Price Target at JPMorgan Chase & Co. (APR)

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Analysts at JPMorgan Chase & Co. upped their target price on shares of Apr Energy PLC (LON:APR) from GBX 1,082 ($18.20) to GBX 1,089 ($18.32) in a research report issued to clients and investors on Wednesday. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price target would suggest a potential upside of 41.80% from the stock’s previous close.

APR has been the subject of a number of other recent research reports. Analysts at Investec cut their price target on shares of Apr Energy PLC from GBX 1,150 ($19.34) to GBX 880 ($14.80) in a research note on Tuesday. They now have a “hold” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Apr Energy PLC in a research note on Tuesday. They now have a GBX 1,240 ($20.86) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Apr Energy PLC in a research note on Wednesday, May 14th. They now have a GBX 1,350 ($22.71) price target on the stock. Three analysts have rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 1,065.23 ($17.92).

Apr Energy PLC (LON:APR) opened at 766.50 on Wednesday. Apr Energy PLC has a one year low of GBX 755.50 and a one year high of GBX 1177.00. The stock’s 50-day moving average is GBX 845.9 and its 200-day moving average is GBX 943.7.

APR Energy PLC, formerly Horizon Acquisition Company plc, offers temporary power solutions on a fast-track basis to utility and industrial customers worldwide.

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