tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Applied Nutrition Strengthens City Support With Appointment of Joint Broker

Story Highlights
  • Applied Nutrition appoints Panmure Liberum as joint broker alongside existing advisers.
  • Expanded broker team aims to bolster investor access and support ongoing global growth strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Applied Nutrition Strengthens City Support With Appointment of Joint Broker

Claim 50% Off TipRanks Premium

Applied Nutrition PLC ( (GB:APN) ) has shared an announcement.

Applied Nutrition plc has appointed Panmure Liberum Limited as a joint corporate broker, working alongside existing brokers Deutsche Numis and Goodbody, in a move that enhances its capital markets advisory and brokerage support. The expanded broker line-up is likely to strengthen the company’s access to investors and equity markets as it continues to scale its fast-growing, highly profitable global sports nutrition and wellness business.

The most recent analyst rating on (GB:APN) stock is a Buy with a £280.00 price target. To see the full list of analyst forecasts on Applied Nutrition PLC stock, see the GB:APN Stock Forecast page.

Spark’s Take on GB:APN Stock

According to Spark, TipRanks’ AI Analyst, GB:APN is a Outperform.

The score is driven primarily by very strong financial performance (rapid growth, solid profitability, low leverage, and strong free cash flow). Technicals support the uptrend, but overbought indicators raise near-term risk. Valuation is a meaningful headwind given the ~30 P/E and no dividend yield data.

To see Spark’s full report on GB:APN stock, click here.

More about Applied Nutrition PLC

Applied Nutrition plc (LSE: APN) is a UK-headquartered sports nutrition, health and wellness company that formulates and largely manufactures in-house a broad portfolio of more than 100 products under its Applied Nutrition, ABE, BodyFuel and Endurance ranges. Selling primarily through a global B2B model into over 85 countries, it targets elite athletes, gym goers and health-conscious consumers, leveraging its end-to-end capabilities to innovate rapidly and support profitable, cash-generative growth across the sports nutrition, health and wellness market.

Average Trading Volume: 524,681

Technical Sentiment Signal: Strong Buy

Current Market Cap: £648.8M

Learn more about APN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1