M.P. Evans Group (LON:MPE - Get Free Report)'s stock had its "buy" rating reissued by analysts at Canaccord Genuity Group in a report issued on Thursday, Marketbeat.com reports. They currently have a GBX 1,500 ($20.38) target price on the stock. Canaccord Genuity Group's target price indicates a potential upside of 17.65% from the stock's current price.
M.P. Evans Group Stock Performance
Shares of M.P. Evans Group stock traded up GBX 20 ($0.27) during trading hours on Thursday, reaching GBX 1,275 ($17.32). The company's stock had a trading volume of 13,876 shares, compared to its average volume of 59,890. The stock has a market cap of £827.63 million, a P/E ratio of 12.85 and a beta of 0.69. The company's 50 day simple moving average is GBX 1,110.79 and its 200 day simple moving average is GBX 1,047.16. M.P. Evans Group has a one year low of GBX 816 ($11.09) and a one year high of GBX 1,315 ($17.87). The company has a debt-to-equity ratio of 8.89, a quick ratio of 1.91 and a current ratio of 1.70.
About M.P. Evans Group
(
Get Free Report)
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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