M.P. Evans Group (LON:MPE) Insider Tanya Ashton Buys 669 Shares of Stock

M.P. Evans Group PLC (LON:MPE) insider Tanya Ashton acquired 669 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The stock was purchased at an average cost of GBX 1,493 per share, with a total value of £9,988.17.

M.P. Evans Group Trading Up 2.0%

Shares of MPE opened at GBX 1,500 on Friday. The company’s 50-day moving average price is GBX 1,419.84 and its 200 day moving average price is GBX 1,330.03. M.P. Evans Group PLC has a 12-month low of GBX 912 and a 12-month high of GBX 1,550. The firm has a market cap of £782.64 million, a P/E ratio of 7.44 and a beta of 0.67.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,750 price target on shares of M.P. Evans Group in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, M.P. Evans Group currently has a consensus rating of “Buy” and a consensus target price of GBX 1,750.

M.P. Evans Group Company Profile

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 Pennefather Evans in the 1870s and its long history in tropical agriculture includes experience in tea and rubber plantations.