M.P. Evans Group PLC (LON:MPE - Get Free Report) hit a new 52-week high on Monday . The company traded as high as GBX 1,400 ($18.80) and last traded at GBX 1,400 ($18.80), with a volume of 7301 shares. The stock had previously closed at GBX 1,350 ($18.13).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group upped their price target on shares of M.P. Evans Group from GBX 1,500 to GBX 1,650 and gave the company a "buy" rating in a research report on Tuesday, September 16th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of GBX 1,650.
Get Our Latest Stock Report on MPE
M.P. Evans Group Stock Up 0.4%
The company has a market cap of £707.20 million, a price-to-earnings ratio of 672.66 and a beta of 0.69. The stock's 50-day moving average is GBX 1,323.44 and its 200-day moving average is GBX 1,157.27. The company has a current ratio of 1.70, a quick ratio of 1.91 and a debt-to-equity ratio of 8.89.
M.P. Evans Group Company Profile
(
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M.P. Evans Group PLC is a responsible producer of certified sustainable crude palm oil (“CPO”), with plantations in five Indonesian provinces: Aceh, Bangka Belitung, East Kalimantan, North Sumatra and South Sumatra.
Headquartered in the UK, the Group's shares are traded on the London Stock Exchange's Alternative Investment Market (“AIM”).
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