M.P. Evans Group (LON:MPE) Given New GBX 1,650 Price Target at Canaccord Genuity Group

M.P. Evans Group (LON:MPEFree Report) had its target price lifted by Canaccord Genuity Group from GBX 1,500 to GBX 1,650 in a report issued on Tuesday, MarketBeat Ratings reports. They currently have a buy rating on the stock.

M.P. Evans Group Stock Performance

Shares of MPE stock opened at GBX 1,305 on Tuesday. The stock’s 50-day moving average is GBX 1,293.07 and its two-hundred day moving average is GBX 1,123.98. The company has a debt-to-equity ratio of 8.89, a quick ratio of 1.91 and a current ratio of 1.70. M.P. Evans Group has a 1 year low of GBX 866 and a 1 year high of GBX 1,370. The firm has a market cap of £680.90 million, a price-to-earnings ratio of 790.43 and a beta of 0.69.

About M.P. Evans Group

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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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