M.P. Evans Group ( LON:MPE – Get Free Report ) had its price target increased by investment analysts at Canaccord Genuity Group from GBX 1,900 to GBX 2,500 in a research report issued on Monday, London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 28.87% from the company’s previous close.
M.P. Evans Group Stock Up 2.5% MPE opened at GBX 1,940 on Monday. M.P. Evans Group has a 12-month low of GBX 1,168.75 and a 12-month high of GBX 2,040. The business has a 50 day moving average of GBX 1,699.75 and a 200-day moving average of GBX 1,617.33. The stock has a market cap of £1.01 billion, a price-to-earnings ratio of 9.16 and a beta of 0.33.
Get M.P. Evans Group alerts: 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”).
The Group was founded by Matthew ...