M.P. Evans Group (LON:MPE) Price Target Raised to GBX 1,900

M.P. Evans Group (LON:MPE – Free Report) had its price objective raised by Canaccord Genuity Group from GBX 1,750 to GBX 1,900 in a research note issued to investors on Wednesday morning,Digital Look reports. They currently have a buy rating on the stock.

M.P. Evans Group Price Performance

LON:MPE opened at GBX 1,800 on Wednesday. The company has a market cap of £934.61 million, a P/E ratio of 8.50 and a beta of 0.31. The stock’s fifty day moving average price is GBX 1,565.64 and its two-hundred day moving average price is GBX 1,519.36. M.P. Evans Group has a 1 year low of GBX 1,160 and a 1 year high of GBX 1,918.

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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”).

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.

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